“The theft was national in scope and happened in stores, not online, and may have involved tampering with the machines customers use to swipe their cards when making purchases, people familiar with the matter said,” Sidel, Yadron and Germano report. “The data affected in the breach included customer names, credit or debit card numbers, expiration dates and CVV security codes, according to a notice posted for customers on the Target website… The thieves gained access to data that is stored on the magnetic stripe on the back of the credit and debit cards, according to the people familiar with the breach. The stripe contains data that is valuable for making counterfeit cards, such as account numbers and expiration dates, but it wasn’t immediately known which data was vulnerable.”
Sidel, Yadron and Germano report, “The Secret Service is investigating the breach, a spokesman said, but wouldn’t discuss details of the incident while the investigation is ongoing. Secret Service often investigates significant hacks of credit-card data, as part of its mission is to safeguard the country’s financial infrastructure and payment systems.”
Read more in the full article here.
MacDailyNews Take: The perils of naming yourself “Target.”
(Yes, we know it’s “French,” pronounced “tar-zhay.”)
The sooner Apple revolutionizes and takes over the credit/debit payment industry, the better.
Hey, let’s be careful out there.