Credentials Used For Target Hack Reportedly Stolen From HVAC Vendor

Credentials Used For Target Hack Reportedly Stolen From HVAC Vendor

When it was first revealed that the hackers who compromised Target’s in-store payment processing system had used stolen vendor credentials to breach the retailer’s network, many probably assumed that the vendor was some sort of IT or security consultant. But a new report from cybersecurity expert and journalist Brian Krebs says it appears that the entry point into the system was through a refrigeration, heating and cooling company in Pennsylvania. [More]

(Philip Taylor PT)

Massive Data Breaches Could Lead To Americans Finally Getting Smarter Credit Cards

The Senate Judiciary Committee heard testimony today from Target’s chief financial officer about the massive data breach that hit the company during the holiday shopping season last year. [More]

Credit Union Sues Target Over Credit Card Hack

Credit Union Sues Target Over Credit Card Hack

A credit union in Pennsylvania has filed a lawsuit, one that could potentially include 100 other credit unions as plaintiffs, against Target in an attempt to recoup is losses in the wake of the retailer’s recent massive data breach. [More]

Banks Say Target Hack Has Cost Them $153 Million In Replacement Cards

Banks Say Target Hack Has Cost Them $153 Million In Replacement Cards

It’s not just Target’s sales figures that are feeling the sting of the massive data breach that affected more than 100 million customers at the height of the holiday shopping season. According to a group representing the nation’s retail banks, financial institutions have had to spend more than $153 million to replace credit and debit cards in the last six weeks. [More]

Craft Store Chain Michaels Warns Of Possible Data Breach

Craft Store Chain Michaels Warns Of Possible Data Breach

It may not be the household name that Walmart is, but an awful lot of people around the U.S. get their crafting supplies from the 1000+ Michaels stores around the country. Over the weekend, the retailer warned customers that it “may have experienced a data security attack.” [More]

Trio Charged With Running “One-Stop Shop” For Blank Bogus Credit Cards, Holographic Overlays

Trio Charged With Running “One-Stop Shop” For Blank Bogus Credit Cards, Holographic Overlays

All that credit and debit card information that gets stolen when criminals hack places like Target and Neiman Marcus is only worth so much to an ID thief. Sure, one could use that info to place online orders, but you’re just asking to be tracked down and caught that way. The real prize comes when you take that information and create real-looking credit cards with it. [More]

FBI Warns Stores To Prepare For More Credit Card Hacks

FBI Warns Stores To Prepare For More Credit Card Hacks

The recent malware attacks on payment systems at Target and Neiman Marcus may be getting all the headlines, but they weren’t the first such breaches, and they won’t be the last. This week, the FBI issued a warning to retailers, telling them to prepare for the inevitable hack attempts to come. [More]

Two Men Arrested For Using Credit Card Numbers Stolen From Target

Two Men Arrested For Using Credit Card Numbers Stolen From Target

While most ID thieves are wisely staying away from the more than 100 million credit and debit card numbers compromised by the recent data breach of Target’s in-store payment processing system, two Mexican citizens apparently thought they could get away with using some of these leaked numbers to make illegal purchases. [More]

Citi To Replace Debit Cards Linked To Target Hack

Citi To Replace Debit Cards Linked To Target Hack

A month after Target first revealed that its in-store credit and debit card payment system had been breached, Citi has finally announced plans to replace all debit cards for customers whose account information was stolen in the hack. [More]

Capital One Is The Most Complained-About Credit Card Company

Capital One Is The Most Complained-About Credit Card Company

Since the Consumer Financial Protection Bureau opened its credit card complaint portal in Sept. 2010, more than 25,000 complaints have been filed with the CFPB. And while the 10 largest credit card issuers account for 93% of all those complaints, one company is responsible for more than 1-in-5 of all complaints filed with the Bureau: Capital One. [More]

Senators Call On Target To Explain Credit Card Breach

Senators Call On Target To Explain Credit Card Breach

Nearly a month after Target revealed that its retail credit and debit card payment system had been breached, compromising the information of more than 100 million customers, the Chairs of the Senate Commerce Committee and the Senate Consumer Protection Subcommittee have written to the retailer asking it to explain just how a huge mistake like this could happen. [More]

Get Ready For A Flood Of Credit Card Offers From Your Bank

Get Ready For A Flood Of Credit Card Offers From Your Bank

The recession years had one pleasant side effect — a drop in the number of credit card offers filling consumers’ mailboxes. But now that all the banks have learned their lessons and will never again lend out money to people who won’t pay it back, they are once again ramping up the credit card offers. [More]

Target CEO Apologizes For Hack, Explains 4-Day Delay For Alerting Customers

Target CEO Apologizes For Hack, Explains 4-Day Delay For Alerting Customers

As you all know, between Black Friday weekend and December 15, Target’s in-store credit and debit card processing system was compromised, allowing attackers to make off with more than 100 million card numbers and other information. Last night, Target CEO Gregg Steinhafel went on TV to (repeatedly) apologize and to explain why Target didn’t acknowledge the hack until Dec. 18. [More]

(Beth Lennon)

Report: More Holiday Credit Card Breaches To Be Revealed

It’s bad enough that some 110 million Target customers may have had their credit card info stolen, or that some Neiman Marcus shoppers are falling victim to ID theft following a data breach. A new report says there are a few other retailers waiting to reveal the bad news that they too were victims of credit card hackers. [More]

Credit Card Hackers Go Upscale, Steal Neiman Marcus Customers’ Info

Credit Card Hackers Go Upscale, Steal Neiman Marcus Customers’ Info

If you live under the delusion that paying too much at the department store would somehow result in a higher level of security, prepare to have your mind blown. The folks at upscale retailer Neiman Marcus have revealed that hackers compromised credit and debit card information for an unknown number of customers. [More]

‘Wichcraft Sandwich Shops Reveal Credit Card Hack From 3 Months Ago

‘Wichcraft Sandwich Shops Reveal Credit Card Hack From 3 Months Ago

While it’s certainly not on the scale of the recent Target breach, ‘wichcraft, the chain of sandwich shops co-founded by Top Chef’s Tom Colicchio, announced yesterday that its payment card system for locations in NYC and San Francisco was compromised for several weeks earlier this year, giving hackers access to customers’ names, card numbers, security codes, and expiration dates. [More]

Target Confirms PIN Data Also Stolen In Credit/Debit Card Hack

Target Confirms PIN Data Also Stolen In Credit/Debit Card Hack

After days of denying a report that hackers had stolen encrypted PIN data from some 40 million Target shoppers, the retailer has finally admitted that yes, this information was indeed collected during the 3-week-long data breach. [More]