The giant Target has been the victim of piracy is becoming increasingly important. At the last count, data of 110 million customers were siphoned. Target sees its sales decline.
The situation could not be worse. Just before Christmas, December 19, 2013, the distribution chain Target announced U.S. piracy of its point-of-sale, with the key stealing banking information from 40 million customers (number of cards and bank accounts, including PIN digit codes). The attack took place between 27 November and 15 December. But obviously it was just a the tip of the iceberg.
After several weeks of investigation, the distributor has discovered that hackers have also siphoned data 70 million personal customers, retrieving names, addresses, phone numbers and email addresses. Questioned by AFP, Target specifies that these 70 million customers are already distinct from the 40 million pirated. In total, nearly 110 million customers have been victims of piracy which can already be considered one of the biggest data theft the history of the United States.
Customers lose confidence
For the distributor, it is obviously a disaster that directly impact sales. Some customers have lost confidence and are reluctant to do their shopping at Target. Result: sales for the fourth quarter will be lower than expected. In a statement, the retailer warned that its shareholders had expected a decline of 2.5% compared to original projections. This is not knowing anything until the fourth quarter of 2012, this distributor had recorded a turnover of ... $ 22.4 billion. A decrease of 2.5% therefore represents a shortfall of about $ 500 million. Hope to Target, that there will be no surprises during the police investigation.
To limit the damage, Target plays the card of transparency and support. Since the announcement last December, distributor website full of information and news for clients (including excuses). In addition, the distributor offers guests analytical services to detect suspicious transactions and offers a hotline for those who were actually victims of fraudulent payments or worse, usurpations of their identity. And the risk is real: according to security specialist Brian Krebs noted in his blog that millions of bank data from flight found themselves already on cybercriminals web forums. The price of a card number between 20 and 100 dollars.
A veritable cyber-raid
Target is not the only U.S. distributor to be robbed of data recently. Norman Marcus stores announced that they have also been hacked in mid-December. But the scale of the attack is not known at this time. According to Reuters, at least three other chains have been the target of cybercriminals during the holiday season. The procedure is quite similar attacks piracy Target, but on a smaller scale.
The situation could not be worse. Just before Christmas, December 19, 2013, the distribution chain Target announced U.S. piracy of its point-of-sale, with the key stealing banking information from 40 million customers (number of cards and bank accounts, including PIN digit codes). The attack took place between 27 November and 15 December. But obviously it was just a the tip of the iceberg.
After several weeks of investigation, the distributor has discovered that hackers have also siphoned data 70 million personal customers, retrieving names, addresses, phone numbers and email addresses. Questioned by AFP, Target specifies that these 70 million customers are already distinct from the 40 million pirated. In total, nearly 110 million customers have been victims of piracy which can already be considered one of the biggest data theft the history of the United States.
Customers lose confidence
For the distributor, it is obviously a disaster that directly impact sales. Some customers have lost confidence and are reluctant to do their shopping at Target. Result: sales for the fourth quarter will be lower than expected. In a statement, the retailer warned that its shareholders had expected a decline of 2.5% compared to original projections. This is not knowing anything until the fourth quarter of 2012, this distributor had recorded a turnover of ... $ 22.4 billion. A decrease of 2.5% therefore represents a shortfall of about $ 500 million. Hope to Target, that there will be no surprises during the police investigation.
To limit the damage, Target plays the card of transparency and support. Since the announcement last December, distributor website full of information and news for clients (including excuses). In addition, the distributor offers guests analytical services to detect suspicious transactions and offers a hotline for those who were actually victims of fraudulent payments or worse, usurpations of their identity. And the risk is real: according to security specialist Brian Krebs noted in his blog that millions of bank data from flight found themselves already on cybercriminals web forums. The price of a card number between 20 and 100 dollars.
A veritable cyber-raid
Target is not the only U.S. distributor to be robbed of data recently. Norman Marcus stores announced that they have also been hacked in mid-December. But the scale of the attack is not known at this time. According to Reuters, at least three other chains have been the target of cybercriminals during the holiday season. The procedure is quite similar attacks piracy Target, but on a smaller scale.
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