Target Corp. is offering its customer a 10 percent discount this weekend following a massive breach of its credit and debit card information. The offer is limited to one in-store transaction per guest. Target has also pledged free credit monitoring for affected customers.
Meanwhile, investigators believe overseas hackers were responsible for the cyber attack that compromised up to 40 million payment cards during the first three weeks of the holiday shopping season. The investigation is being led by the United States Secret Service. Target has also hired a forensics team to find the culprit. Target has declined to say how its systems were compromised and has provided few other details about the case.
In a news release, Target said customers’ name, credit or debit card numbers, card expiration dates, and even their security codes were compromised. The information was taken from the card’s magnetic strip. Target said the hackers did not obtain PIN numbers used to access ATMs.
She said Target has provided exposed card numbers to Visa, MasterCard, Discover and American Express. Those companies are in turn providing the information to the financial institutions that issue them.
Local authorities said card companies are notifying customers if their information has been compromised. Det. Jared Woods with the Caddo Shreveport Financial Crimes Task Force said so far, they’ve received three cases of people’s information being stolen. They have not received any reports of fraudulent charges.
If you shopped at Target between Nov. 27 to Dec. 15, when the hacking took place, authorities encourage you to review your bank or credit card statement. If you notice fraudulent charges, contact the company that issued the card immediately. Also, get a free credit report to make sure no one has stolen your identity.