Hasta La Gadget!

The other day we reported that retailer Target had experienced a security breach in which they had a lot of their customers’ credit/debit card numbers stolen, 40 million to be exact. Now according to reports, it seems that the stolen credit cards have surfaced in the black market where they are currently being sold from anywhere between $20 to $100 per card. According to cybersecurity firm, Easy Solutions, they have noticed that the stolen credit card market has increased anywhere between 10 to 20 times than normal, with the credit cards ranging from pretty much nearly every bank and credit union.

While in theory if the thieves could get ahold of the customer’s PIN, they would be able to withdraw money from their accounts, but Target’s CEO has stated that at the moment there is no indication that the PIN numbers have been compromised. Target expects to notify all their affected customers over the weekend but we’re sure with the news making its rounds, and judging the response on Target’s Facebook page, many are well aware of this. In any case if you are one of the affected customers, we guess we don’t have to tell you to call your bank and request for a new card, not to mention changing your PIN would probably be a great idea as well.

Stolen Target Credit Cards Start Appearing In The Black Market For $20-$100 original content from Ubergizmo.

According to a November survey of 1,000 voters, people are more creeped out by the possibility of a person or group ascertaining their personal information, than the idea that someone might be following their online movements and habits.

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Millions of the stolen credit cards snatched from Target shoppers in recent weeks are being sold on the black market, it’s reported, amid some banks holding off freezing potentially compromised … Continue reading

Bad news shoppers, if you have been shopping at Target you might want to call up your bank and request for a new credit card because according to the company, they have recently experienced a security breach in which they estimate about 40 million credit and debit card numbers have been stolen during the first three weeks of the holiday season. This makes it the second largest breach ever to be reported by a US retailer. Target claims that the operation in which the card numbers were stolen was done over the course of 19 days, starting just before Thanksgiving all the way until recently where they were notified of the breach.

As it stands Target is currently working with law enforcement officials and outside experts to prevent similar attacks from happening in the future, as well as trying to determine how its systems were compromised in the first place. Given that this was done right smack in the holiday season, the timing couldn’t be worse as not only did it undermine the confidence of shoppers who would have shopped at Target, but leaving some with a mess that they would have to sort out during the festive season.

While MasterCard and Visa officials did not have anything to say, American Express stated that they were aware of the incident and have since put fraud controls into place. So if you have shopped at Target recently, like we said, you might want to call your bank and ask for a new card just to be on the safe side.

Target Experiences Security Breach, 40m Credit/Debit Card Numbers Stolen original content from Ubergizmo.

Target has confirmed a credit and debit card hack potentially affecting up to 40m customers shopping in its US stores, with the stolen data including everything thieves could need to … Continue reading