Tuesday, September 2, 2014

Hackers Might Have Stolen Credit Card Data Fom Home Depot

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Home Depot may be the latest retailer to have suffered a massive credit card breach, the company confirmed on Tuesday, after a website reported that a large cache of stolen data had appeared on black market sites.
Home Depot is working with investigators to determine the origin of "unusual activity," a spokeswoman told CNBC in a statement. "Protecting our customers' information is something we take extremely seriously, and we are aggressively gathering facts at this point while working to protect customers," she added, but declined to provide further information.

Amid a rash of identity thefts that have laid claim to banks and retailers in recent months,Krebs on Security reported that the breach bore similar hallmarks to groups that hit Target and P.F. Chang's, among other vendors. Privately, according to reports, officials suspect the hackers are of either Russian or Ukrainian origin.
In Target's case, the breach affected as many as 70 million of its consumers, costing the company upwards of $100 million in charges, as well as lost customer traffic. Not long after the retail giant disclosed its breach, high-end retailer Neiman Marcus reported that it too had fallen prey to cyberattacks

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