Target PIN data was stolen after all. Target just admitted that PIN data for bank ATM cards was stolen during a breach in security earlier in December. According to a report from Reuters on Friday (Dec. 27), this is slightly different than what the chain revealed in prior admissions about this security breach.
In a statement from spokeswoman Molly Snyder, the company states that the information was "strongly encrypted" before it got taken from the systems. That might not be comforting news for consumers that didn't realize the full scale of the problem the systems at the store were having. The statement went on to say that, "We remain confident that PIN numbers are safe and secure."
The original report on this story revealed that about 40 million payment card numbers were taken by cyber crooks from Nov. 27 to Dec. 1. That makes it the second-largest data breach in U.S. retail history. The revelation that Target PIN data was also stolen could serve as another reason consumers might decide to stay away from the stores in the coming weeks.
Many consumers have been getting cards reissued by their banks just to play it safe in this situation, especially with the real risk that their personal information is out there for someone else to use.
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