25 October 2016
Visit dh.com

Target raises numbers hit by data breach from 40 million to 70 million

10 January 2014  |  5506 views  |  1 Spiders computer virus

US retailer Target says that up to 70 million customers may have had their card details compromised during a data breach incident in December, far more than the initial 40 million estimate.

Last month, Target confirmed that approximately 40 million credit and debit card accounts may have been impacted over a two-week period beginning on Black Friday, the busiest shopping day of the year.

In an update on its ongoing forensic investigation into the breach, Target now says that up to 70 million individual customer details have been snared by the attack.

Furthermore, the retailer has ascertained that other customer information - separate from the payment card data previously disclosed - was taken, including names, mailing addresses, phone numbers or email addresses.

Gregg Steinhafel, chairman, president and chief executive officer, Target, says: "I know that it is frustrating for our guests to learn that this information was taken and we are truly sorry they are having to endure this."

He says the company will be in touch with customers whose e-mail addresses may have been hijacked to warn them to be on their guard.

"This communication will be informational, including tips to guard against consumer scams," says Target in a statement. "Target will not ask those guests to provide any personal information as part of that communication."

Target is offering one year of free credit monitoring and identity theft protection to all customers who bought goods at any of the retailer's stores during the period in question, and a zero-liability agreement against any losses incurred as a result of the breach.

Comments: (1)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Target says 40 million cards may have been compromised in data breach

Target says 40 million cards may have been compromised in data breach

19 December 2013  |  9498 views  |  2 comments | 11 tweets | 12 linkedin

Related blogs

Create a blog about this story (membership required)
Visit dh.comFind out moreVisit www.dh.com

Top topics

Most viewed Most shared
Visa treads on Swift's toes with blockchain pilot for high value paymentsVisa treads on Swift's toes with blockchai...
8778 views comments | 33 tweets | 38 linkedin
Monzo raises £4.8mMonzo raises £4.8m
8616 views comments
Visa tells Europe to be ready for 3-D Secure 2.0 by April 2018Visa tells Europe to be ready for 3-D Secu...
7919 views comments | 12 tweets | 27 linkedin
CBA and Wells Fargo combine blockchain and IoT to revolutionise trade financeCBA and Wells Fargo combine blockchain and...
7890 views comments | 26 tweets | 28 linkedin
The payments cake is growingThe payments cake is growing
7809 views comments | 6 tweets | 11 linkedin

Featured job

to Six-Figure Base, Commission, Benefits
London, UK

Find your next job