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Target says 40 Million Debit, Credit Cards Possibly Breached

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Fox News--Target said a massive theft of credit and debit card data from its stores may have impacted 40 million accounts, one of the largest security breaches ever reported.


The discount retailer confirmed on Thursday that its aware of unauthorized access to payment card data between Nov. 27 and Dec. 15, at the start of the busiest shopping season of the year.


Target alerted authorities and financial institutions after it became aware of the breach and is partnering with a third-party forensics firm to investigate the theft, the company added.


According to a notice to customers on Targets website, the theft targeted shoppers who made purchases using credit or debit cards in U.S. stores, not on the companys website. The information that was stolen included customer names, card numbers, expiration dates and the CVV three-digit security code.
The Minneapolis-based retailer has 1,797 domestic locations, as well as 124 stores in Canada.


Targets 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, Target chairman and CEO Gregg Steinhafel said in a statement. We take this matter very seriously and are working with law enforcement to bring those responsible to justice.


The U.S. Secret Service is investigating the incident, spokesman George Ogilvie told FOX Business.


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