40m card numbers stolen from Target

Security researcher Brian Krebs reported yesterday that Target was investigating a data breach "potentially involving millions of customer credit and debit card records." Target confirmed this morning that 40 million such records were stolen.

“Target’s first priority is preserving the trust of our guests and we have moved swiftly to address this issue, so guests can shop with confidence. We regret any inconvenience this may cause,” said Gregg Steinhafel, chairman, president and chief executive officer, Target. “We take this matter very seriously and are working with law enforcement to bring those responsible to justice.”

Since this was apprently being leaked to security researchers before they admitted it publicly, I guess Target's idea of "moved swiftly" is a little different to that of, oh, say, a quarter of the adult population of America.

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  1. I've been meaning to go to Target for quite a while now to buy some new bedding materials but just haven't gotten motivated enough to drive over there. I guess laziness really pays off sometimes.

  2. Franko says:

    of course, the first couple times i've been to target in YEARS was within that window. sigh.

  3. "Target’s first priority is preserving the trust of our guests"

    If only their first priority were preserving the information security of their customers.

  4. xzzy says:

    So this is the one that's going to trigger an overhaul in how we pay for things, right? Instead of bolting on "sms fraud alerts" to an aging and poorly implemented system?

    Did I just hear a cricket chirp?

  5. Well you still have passwords to protect your accounts - as long as no one can get hold of the get around the answers to security questions like your mother's maiden name and color of your first car. No one will ever be able to crack that military grade security.

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