Kokomo Tribune; Kokomo, Indiana

Bonus content

December 21, 2013

Fury and frustration over Target data breach

40 million credit and debit cards may have been affected.

(Continued)

“I won’t shop at Target again until the people behind this theft are caught or the reasons for the breach are identified and fixed,” he said.

Customers who made purchases by swiping their cards at its U.S. stores between Nov. 27 and Dec. 15 may have had their accounts exposed. The stolen data included customer names, credit and debit card numbers, card expiration dates and the embedded code on the magnetic strip found on the backs of cards, Target said.

There was no indication the three- or four-digit security numbers visible on the back of the card were affected, Target said. The data breach did not affect online purchases, the company said.

Eric Hausman, a Target spokesman, said the company is engaged in “an ongoing investigation.”

Target hasn’t disclosed exactly how the breach occurred but said it has fixed the problem.

Given the millions of dollars that companies such as Target spend implementing credit-card security measures each year, Avivah Litan, a security analyst with Gartner Research said she believes the theft may have been an inside job.

“The fact this breach can happen with all of their security in place is really alarming,” Litan said.

Other experts theorize that Target’s network was hacked and infiltrated from the outside.

Whatever the case, Jason Oxman, CEO of the Electronics Transaction Association, which represents the payments technology industry, said data breaches like Target’s are generally “heavily organized and sophisticated.”

Annual losses from global credit and debit card fraud are on the rise. Last year, it reached $11.27 billion, up 11.4 percent from the previous year, according to The Nilson Report, which tracks global payments. Even so, Nilson’s publisher David Robertson pointed out that fraud still accounts for less than 6 cents of every $100 spent.

Target, which has almost 1,800 stores in the U.S. and 124 in Canada, said it immediately told authorities and financial institutions once it became aware of the breach on Dec. 15. The company is teaming with a third-party forensics firm to investigate and prevent future problems.

Text Only | Photo Reprints
Bonus content
  • 062612 COAL EXCAVATOR For Indiana coal mining town, EPA climate change plan threatens stability DUGGER, Ind. – Peggy and Martha Marlow collect artifacts of this small town’s history for a storefront mining museum that Martha helped open more than 30 years ago. Tin dinner buckets, carbide headlamps and battered hard hats line the museum’s crowde

    July 30, 2014 11 Photos

  • Film Review Get On Up [Duplicate] Review: Boseman drips with charisma as James Brown There's a delicious moment in "Get On Up," Tate Taylor's new James Brown biopic, when Brown — played by Chadwick Boseman, in a thrillingly magnetic performance — is about to appear on the T.A.M.I. Show, a multi-act concert filmed in 1964. Backstage,

    July 30, 2014 1 Photo

  • Settlement erases debt for 261 Indiana military members INDIANAPOLIS (AP) — Attorney General Greg Zoeller says a new settlement will erase $1.5 million of bad debt for 261 military members from Indiana. Zoeller and attorneys general from 12 other states filed suit against the lender Rome Finance. They acc

    July 30, 2014

  • Smart phone app helps navigate Indiana State Fair

    The Indiana State Fair is offering a free updated mobile app for smartphones aimed at helping visitors navigate their way around the fairgrounds on Indianapolis' north side.

    July 30, 2014

  • Highway Money [Duplicate] Senate passes highway bill, sends it back to House WASHINGTON (AP) — The Senate on Tuesday voted to change the funding and timing of a House bill to keep federal highway funds flowing to states in an effort to force Congress to come to grips with chronic funding problems that have plagued transportat

    July 30, 2014 1 Photo

  • Clark County Sheriff Danny Rodden faces federal charges

    INDIANAPOLIS — Clark County Sheriff Danny Rodden has spent more than 30 years in law enforcement working to protect the public from criminals, but on Tuesday he was treated as one. Rodden, charged with lying to federal investigators about his relatio

    July 29, 2014

  • Hepatitis Drug [Duplicate] $1,000-per-pill Sovaldi now hepatitis treatment of choice WASHINGTON (AP) — The price may be high but so is demand. A new $1,000-per-pill drug has become the treatment of choice for Americans with hepatitis C, a liver-wasting disease that affects more than 3 million. Even with insurers reluctant to pay, Sov

    July 29, 2014 1 Photo

  • Madison County voting records sought in US probe ANDERSON (AP) — A federal grand jury has subpoenaed Madison County voting records after absentee ballots cast in Anderson's 4th Ward determined the winners of several races. The subpoena issued by federal prosecutors seeks several records from the Ma

    July 29, 2014

  • Coroner rules Lafayette toddler's death a homicide LAFAYETTE (AP) — A coroner has ruled as a homicide last week's death of a 14-month-old Lafayette girl who succumbed to a traumatic head injury. The Marion County Coroner's office reported Monday that the cause of Skylar Foster's death was blunt force

    July 29, 2014

  • Veterans Health Care-3 [Duplicate] Deal to improve veterans' health care costs $17B WASHINGTON (AP) — A bipartisan deal announced Monday would authorize about $17 billion to help veterans avoid long waits for health care, hire more doctors and nurses to treat veterans and make it easier to fire executives at the Department of Vetera

    July 29, 2014 2 Photos

Latest news
Featured Ads
Only on our website
AP Video
Obama Chides House GOP for Pursuing Lawsuit New Bill Aims to Curb Sexual Assault on Campus Russia Counts Cost of New US, EU Sanctions 3Doodler Bring 3-D Printing to Your Hand Six PA Cops Indicted for Robbing Drug Dealers Britain Testing Driverless Cars on Roadways Raw: Thousands Flocking to German Crop Circle At Least 20 Chikungunya Cases in New Jersey Raw: Obama Eats Ribs in Kansas City In Virginia, the Rise of a New Space Coast Raw: Otters Enjoy Water Slides at Japan Zoo NCAA Settles Head-injury Suit, Will Change Rules Raw: Japanese Soldiers Storm Beach in Exercises Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA Two Women Narrowly Avoid Being Hit by Train Crayola Announces Family Attraction in Orlando
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries
Poll
Kelly Lafferty's video on Tom Miller