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Stolen Target credit cards hitting black market

Target credit card attack sees consumers' card details hitting the black market.

Published Sat, Dec 21 2013 7:31 PM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Major retailer Target is under fire after 40 million customers have been affected by a credit and debit card security threat, as some account information has hit the open market.

Stolen Target credit cards hitting black market | TweakTown.com

An unnamed bank had its security team purchase back stolen account information of its customers from an online forum, with account information available on sometimes sophisticated online trading places. It seems that credit cards were the main focus of the breach, with Target claiming there hasn't been impact to debit card PIN numbers.

This is a frustrating situation for Target, banks, and consumers - banks are hesitant to issue new cards, due to the high price ($3-$5 per card, on average), while customers are worried about their financial security.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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