Target Stores Hacked for Debit and Credit Card Details, Are You Safe?

Did you shop at one of the Target Stores in United States this holiday season – specifically at or after the Black Friday? This is serious if you did and you might want to keep a check on your bank account details.

Reports have poured in claiming that the US retail giant was struck by hackers who could have breached their credit card and debit card details for millions of customers.

Though Target had previously refrained from commenting, they have now confirmed the breach stating that “approximately 40 million credit and debit card accounts may have been impacted between Nov. 27 and Dec. 15, 2013.”

The Black Friday 2013 brought in hackers to Target Stores all over the United States and track data which is stored on the magnetic stripes of cards that were used at the stores was stolen. The fact that the breaches have continued to occur until as late as December 15 has further increased the risk for the customer base.

Gregg Steinhafel the chairman, president and chief executive officer of Target has assured:

“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. We take this matter very seriously and are working with law enforcement to bring those responsible to justice.”

The stolen Track Data could let the crooks create fake cards using the information from legitimate cards. If they have been able to catch the PINs for debit cards it means that they will also be able to recreate the debit cards and use them to withdraw funds from ATMs.

Customers should contact Target at: 866-852-8680 in case you suspect any unauthorized activity, while we suggest that customers who had shopped during the expected breach window keep their bank account in the loop.

Go here for complete details and advice as to what you should do.