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Target Credit Card Breach

In: Computers and Technology

Submitted By mnwild
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Target Credit Card Breach
It was the holiday season of 2013. It is the busiest time of the year for retail. Everybody is pretty much out and about doing their Christmas shopping for their families and friends. Lots of people especially women don’t carry a lot items on them when they go shopping. Bank debit cards have replaced the checkbook and cash because people don’t want to carry cash or a checkbook when they go out shopping. They only want to carry their driver’s license, a bank card, and a credit card or two. While carrying less can be more convenient for people, it’s not always a safe thing to do. People are not aware that making purchases with a credit card or a bank card can have some repercussions. Today’s technology for making purchases is great because it’s quicker and more convenient but at the same time it can be dangerous in the wrong hands. It happened with Target, which is the 2nd largest discount retailer in the country behind Walmart. In December of 2013, right in the middle of the holiday season, Target announced that there was a data breach involving millions of credit and debit card records. The breach may have taken place between November 27 and December 15. It is unknown which Target locations in particular were affected by the data breach. It was assumed that all Target locations were impacted and involves the theft of data stored on the magnetic stripe of cards used at the stores. Hackers stole personal information including names, phone numbers as well as email and mailing addresses from as many as 70 million customers as part of a data breach it discovered. The cause of the security breach was when hackers first stole a vendor's credentials, which is how they got access to Target's database. Then they used malware to infect the point-of-sale register and steal credit and debit card information. The data was transferred to…...

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