Target Confirms 40 Million Credit Card Data Stolen

Posted: Dec 19 2013, 8:00am CST | by , in News | Technology News

 
Target Confirms 40 Million Credit Card Data Stolen
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Retailer Target confirmed reports that their payment card data was compromised in a massive breach of about 40 million customer records.

Target has published a confirmation of a massive customer data breach.

“Target’s first priority is preserving the trust of our guests and we have moved swiftly to address this issue, so guests can shop with confidence. We regret any inconvenience this may cause,” said Gregg Steinhafel, chairman, president and chief executive officer, Target. “We take this matter very seriously and are working with law enforcement to bring those responsible to justice.”

Approximately 40 million credit and debit card accounts may have been impacted between Nov. 27 and Dec. 15, 2013. Target alerted authorities and financial institutions immediately after it was made aware of the unauthorized access, and is putting all appropriate resources behind these efforts. Among other actions, Target is partnering with a leading third-party forensics firm to conduct a thorough investigation of the incident.

If you shopped at Target in the past couple of weeks you should monitor your transactions on your credit card. Target provided this letter with resources on how to protect yourself against identity theft.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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