Stolen Target Credit Cards Start Appearing In The Black Market For $20-$100

Stolen Target Credit Cards Start Appearing In The Black Market For $20 $100The 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.

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    Stolen Target credit cards flood black market

    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

    Target Experiences Security Breach, 40m Credit/Debit Card Numbers Stolen

    Target Experiences Security Breach, 40m Credit/Debit Card Numbers StolenBad 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.

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    Target Confirms Up to 40 Million Credit and Debit Cards Hacked

    Target Confirms Up to 40 Million Credit and Debit Cards Hacked

    After yesterday’s rumors that hackers had swiped Target customer credit card information on Black Friday, the retail giant has officially confirmed that there was indeed a security breach—one that potentially affects up to 40 million of its customers.

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    Target hack confirmed: 40m cards potentially hit

    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

    Target investigates data breach tips sources

    Hackers have been at it again this week. We mentioned earlier this morning that the Washington Post was attacked by hackers that gained access to the paper’s servers. Target has … Continue reading

    Woman’s New iPad From Target Came With Past Owner’s Personal Information

    Womans New iPad From Target Came With Past Owners Personal Information

    Over the holiday weekend a lot of retailers were running special deals and offering discount pricing on a wide variety of products, including latest gadgets such as the iPad Air. A woman based in Cambridge, Ontario, Canada researched for Black Friday deals and found Target’s deal the most compelling. So she bought her “new” iPad Air from Target but when she opened up the sealed box and powered up the tablet, it didn’t display a setup screen like a new iOS device normally does. Instead she ended up with a tablet that was already past the setup stage and was full of personal information, presumably of the previous owner.

    Robin Crowley, who bought the iPad Air from Target, told CTV that the tablet had “hundreds” of pictures, the calendar was full of events and that there were three pages of apps that were already installed on the tablet. She also said that contact information of more than 207 people was present on the device. Robin believes that the tablet might have been used by a woman in California, it wouldn’t have been that hard to figure out given the personal information about the previous owner that was on the tablet. It could have been pretty dangerous if the information ended up in the wrong hands, it is unclear why the tablet was repacked and sold as new even though it had obviously been used before. Target Canada is yet to issue a statement on how exactly this happened. [Image via CTV]

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    Target wants to improve your shopping by fueling Indian technology startups

    Target in India

    We usually associate Target more with bargain pricing than technology leadership, but the big-box retailer is about to defy those expectations with plans for a startup incubator in Bangalore, India. When it launches in January, the Target Accelerator Program will finance young tech firms specializing in content aggregation, data, mobile and search. Only one or two companies will make the cut each year, but Target hopes that their projects will improve our shopping experience. TAP is also a clever way to compete against digital-savvy retailers like Walmart, which already has an Indian footprint — Target may spot clever ideas (and buyout candidates) before they reach competitors.

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    Source: TechCrunch

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