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Target breach, worse than expected

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Top news coming in to a warm San Francisco today is about Target.

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Now the data that has been stolen appears to be higher than first thought.

ABC 7 Local in San Francisco says that the number of people who had personal information taken could be as high as 70 million. This was all done in the time period leading up to Christmas.

"The best thing to do is close down your credit card," says San Francisco resident, Katie Adler.

The original number of people reported to have had information stolen was 40 million.

NBC News reports that the Chairman, Gregg Steinhafel, issued a statement:

“I know that it is frustrating for our guests to learn that this information was taken and we are truly sorry they are having to endure this,” said Gregg Steinhafel, chairman, president and chief executive officer of Target.

In a statement on its website, he wrote: “I also want our guests to know that understanding and sharing the facts related to this incident is important to me and the entire Target team.”

Not only is the number higher, but Target tells reporters that other information apart from credit card and pin numbers were taken. The breach includes email addresses, names, addresses and telephone numbers.

Business has fallen for Target and sales have been down. Fourth-quarter earnings for Target have been hurt by the security breach.

ABC 7 Local in San Francisco says: "In December, the retail giant announced that about 40 million credit and debit cards may have been affected by the breach that happened between Nov. 27 and Dec. 15. But the net has now been cast wider, with more shoppers potentially impacted."

The company said customers won't be liable for the cost of any fraudulent charges that stemmed from the breach.

If you were one of the people involved, know that Target is giving customers one year of free credit monitoring. You have three months in which to sign up for the program. If you notice suspicious activity, says the store giant, tell your credit car company and call Target at (866) 852-8680.

Follow Sheila on Twitter (@Sheilamba)

Source: ABC 7 News

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