Target says 40 million cards likely skimmed in security breach

Target has confirmed that data from about 40 million credit and debit cards was stolen at its stores between Nov. 27 and Dec. 15.

The statement from the retailer Thursday follows reports that thieves had accessed data stored on the magnetic stripe on the back of credit and debit cards during the Black Friday weekend through card swiping machines that could have been tampered with at the retailer’s stores, a practice known as card skimming.

The data could have been used to create counterfeit cards that could even be used to withdraw money at an ATM, according to the reports.

The card information that may have been compromised includes the name of the customer, credit or debit card number, the cards expiration date and the three-digit CVV security code, Target said in a note to customers. Shoppers at its online store Target.com or at physical stores outside the U.S were not affected, it added.

To read this article in full or to leave a comment, please click here

Source: http://www.pcworld.com/article/2081844/target-says-40-million-cards-likely-skimmed-in-security-breach.html#tk.rss_all

ADOBE SYSTEMS ADVANCED SEMICONDUCTOR ENGINEERING ALLIANCE DATA SYSTEMS ALLTEL AMAZONCOM AMERICA MOVIL AMKOR TECHNOLOGY