Friday, December 20, 2013

Target Confirms Credit Card Breach

MUST READ: Target: 10% Off Purchases Following Credit Card Breach



On Thursday, Target confirmed it is aware of unauthorized access to payment card data that may have impacted certain guests making credit and debit card purchases in its U.S. stores. Target said that the retailer is working closely with law enforcement and financial institutions, and has identified and resolved the issue.


“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.”


Approximately 40 million credit and debit card accounts may have been impacted between Nov. 27 and Dec. 15, 2013.  Target alerted authorities and financial institutions immediately after it was made aware of the unauthorized access, and is putting all appropriate resources behind these efforts.  Among other actions, Target said that it is partnering with a leading third-party forensics firm to conduct a thorough investigation of the incident.


Customers who suspect unauthorized activity should contact Target at: 866-852-8680.


If you discover information on your credit report arising from a fraudulent transaction, you should request that the credit reporting agency delete that information from your credit report file. Under federal law, you are entitled to one free copy of your credit report every 12 months from each of the three nationwide credit reporting agencies. You may obtain a free copy of your credit report by going to www.AnnualCreditReport.com or by calling (877) 322-8228. You may contact the nationwide credit reporting agencies at:
 

Equifax Experian TransUnion
(800) 525-6285 (888) 397-3742 (800) 680-7289
P.O. Box 740241 P.O. Box 9532 Fraud Victim Assistance Division
Atlanta, GA 30374-0241 Allen, TX 75013 P.O. Box 6790
www.equifax.com www.experian.com Fullerton, CA 92834-6790
    www.transunion.com