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If you shopped Target in that time frame and used a credit card or debit card just call the issuing company and get a new card with a new number.
If someone has your number they may wait months when things cool down before they try to use your account, so a new number/card will prevent that from happening.
They want to keep this hush hush. It would wreck their biggest selling season.
I don't use debit cards. That's YOUR money they are stealing.
I use a CC instead. When it's the bank's money they are stealing the bank is quick to react.
It wasn't news because this happens on a smaller scale all the time. Target was news because it was 40 million people affected. I did shop at Target during that time, but thank goodness only used my Target card, which I will keep an eye on.
They want to keep this hush hush. It would wreck their biggest selling season.
I don't use debit cards. That's YOUR money they are stealing.
I use a CC instead. When it's the bank's money they are stealing the bank is quick to react.
Actually they announced the security breach as soon as they found out about it....
What the articles I've read have said that it isn't the big transactions you need to worry about, it's the small ones, $5 dollars here, $8 dollars there. They are testing the accounts to see if they are valid and then sell that down the road on the fraud market. The articles have also said that it could be months before you see anything. They have warned debit card users to get a new card but credit card users have protection under their card agreements...but I'd still be tempted to get new cards either way...what a MESS.
If you shopped Target in that time frame and used a credit card or debit card just call the issuing company and get a new card with a new number.
If someone has your number they may wait months when things cool down before they try to use your account, so a new number/card will prevent that from happening.
Without anyone noticing, one or more intruders installed code on the discount retailer's systems to methodically collect and transmit account data from millions of cards.
How could this take place if they have a closed private network data system?
I like Target however I don't like "any" company that I can't trust with my credit/debit card.
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Quote:
Originally Posted by golfgal
Actually they announced the security breach as soon as they found out about it....
Target dropped the ball big time on this. The breach began on (Wednesday) Nov 17th but Target didn't become aware of it until (Sunday) Dec 15th (yikes). Target claims that when they became aware of the breach they had immediately told authorities and financial institutions, but, Target waited until (Thursday) Dec 19th (yesterday) to acknowledge the breach to the general public .. which was one day after the breach became known because of independent news reports, and 5 days after Target became aware of the breach. Target is being hammered by the Fed and by many states AG's because of their delay in telling the general public about the breach.
The credit card and debit card info that had been stolen has already been selling for awhile..
Quote:
Credit and debit card accounts stolen in a recent data breach at retail giant Target have been flooding underground black markets in recent weeks, selling in batches of one million cards and going for anywhere from $20 to more than $100 per card, KrebsOnSecurity has learned.
An FYI for debit card users, there is no law that says banks are required to reimburse overdraft fees that they, themselves, may charge. If they do reimburse the fees then they do it as a courtesy. But, bank overdraft fees are not the only fees a debit card user may face. If the debit card user had used their debit card to make purchases with other merchants, or in bill paying, then they may face (bad check) fees from those merchants and from the companies they had paid bills to. That would mean having to contact those merchants/companies and explain what had happened and hope those merchants/companies will waive the fees. None of the merchants or companies are required to waive the fees, again, if it is done then it would be done as a courtesy. (debit cards suck!)
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