Target confirmed it is aware of unauthorized access to payment card data that may have impacted certain guests making credit and debit card purchases in its U.S. stores. Target is working closely with law enforcement and financial institutions, and has identified and resolved the issue, according to a release.
Target sold its portfolio to TD, which is setting up a small credit card unit in Wilmington. However, servicing of the portfolio is still done by Target. Target operates three stores in Delaware.
“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,” said Gregg Steinhafel, CEO, Target. “We take this matter very seriously and are working with law enforcement to bring those responsible to justice.”
Approximately 40 million credit and debit card accounts may have been impacted between Nov. 27 and Dec. 15, 2013. Target alerted authorities and financial institutions immediately after it was made aware of the unauthorized access, and is putting all appropriate resources behind these efforts
Target is partnering with a leading third-party forensics firm to conduct a thorough investigation of the incident. Those affected by security breaches are typically given free credit monitoring of their accounts.
The data breaches are becoming less rare, with the University of Delaware reporting a problem in August. Click here, for story. Customers are typically given free credit monitoring service for a period of time and to check for suspicious activity on their account.
More information is available at Target’s corporate website. Guests who suspect unauthorized activity should contact Target at: 866-852-8680.
