Target’s 10% discount cannot come at a better time than the holiday season. Just one day after announcing a credit and debit card breach affecting 40 million Target customers, the nation’s No. 2 retailer offered a 10% discount for all shoppers at its stores this weekend, according to a Dec. 20 CNN Money report.
According to the retailer, the relevant time period for all cards impacted by the data breach is between Nov. 27 and Dec. 15 of this year.
“We recognize this has been confusing and disruptive during an already busy holiday season,” Target CEO Gregg Steinhafel said in a statement Friday. “Our guests' trust is our top priority at Target and we are committed to making this right.”
ABC News reports that the credit card numbers stolen from the recent data breach at Target are now landing on fake credit cards in the open black market. One hacking victim, Missy Thompson of Tennessee figured out what happened after noticing unusual activity on her credit card. “I was thinking, I didn't go to Walgreens. I would never spend 250 dollars in Walgreens so, that got my attention,” Thompson told ABC News Radio.
To ease the minds of Thompson and the rest of the 40 million customers affected by this breach, Steinhafel noted in his message that the issue of unauthorized access to payment card data at their U.S. stores “has been identified and eliminated,” and emphasized that not all customers who shopped between Black Friday and last week are victims of fraud. Target will also offer free credit monitoring.
“Most importantly, we want to reassure guests that they will not be held financially responsible for any credit and debit card fraud. And to provide guests with extra assurance, we will be offering free credit monitoring services. We will be in touch with those impacted by this issue soon on how and where to access the service.”