Oh no! More bad news from Target!
The retail giant now admits that millions more people may be the victim of ruthless hackers than previously thought. Target now says 70-million customers may have had their e-mail addresses, phone numbers and mailing addresses stolen when the hackers used malicious software to hijack personal information directly from the store’s point-of-purchase card readers.
Previously, the company admitted that 40-million customers may have had their banking and credit card information stolen.
As a part of its initial response and damage control, the Target Corporation is providing consumers, who were affected by this data breach, with a year worth credit monitoring service. Not sure how this service will prevent any potential credit fraud, this service only notifies consumers of any activity in their credit files after the fact.
How about all the personal information that could be used to commit true identity theft?
Could Target have prevented such a massive data breach? Any company that collects and stores any personal identity information should have a very strong security team and system in place to prevent such attacks. With that being said, I am sure that Target does have a good system in place, but it is important to remember that the crooks are always going to be a few steps ahead
You say “I will never shop at Target ever again!” The thing is, the data breach of this magnitude can happen to any major retail chain. This time it’s Target, next time it’s Walmart.
Target will start sending emails to the victims with a list of instructions and tips on what to do. But I have a big problem with this approach! I believe the crooks will start exploiting these email addresses and will start sending phishing emails using Target’s name. The unsuspecting consumers may fall victim to those phishing attempts. My advice? Be careful clicking on any emails purporting to be from Target.
Don’t rely on the free credit monitoring service provided by Target, instead be more proactive and take matters into your own hands.