posted on Apr, 3 2014 @ 08:10 PM
I'm sure we all heard about the Target credit card breach that happened last year during the Christmas shopping season. Some hackers got into their
system and stole credit card info from everyone who shopped in their stores in November and December before they found the breach and supposedly
stopped it. We were told that the breach had been found and corrected and it was safe to shop at Target again.
The latest news on the subject seems to confirm this narrative.
Target CFO Reveals New Information about Credit Card Breach
He stated that their new research indicates the issues began on November 12, 2013.
"We now believe that some intruder activity was detected by our computer security systems, logged and surfaced to the SOC and evaluated by our
security professionals. With the benefit of hindsight and new information, we are now asking hard questions regarding the judgments that were made at
According to Target's latest research, there may only be a total of 98 million people affected by the breach, rather than the reported 110
Mulligan went on to describe the different steps Target is taking to prevent hacks in the future. The company is investing $100 million in beefing up
its security, and they are accepting full responsibility for any fraudulent charges that occur on their customers' accounts.
Everybody thought this whole episode was over with. My credit union issued me a new debt card after determining that I had made a purchase during that
time period, so I know my account is safe. They did this automatically to protect their customers. I wonder how many big banks did the same for their
Anyway, just when we thought it was safe to shop at Target again, something happened to my wife today while she was out shopping. While trying to make
a $12 purchase, her card was declined at the store. She called me up immediately to transfer over money from our savings and when I logged in to our
account, I found that we still had over a thousand left in our checking account and there was no reason her card should have been declined. She tried
again several times at the store and was declined again.
My wife had to leave the store empty handed and went to the credit union to find out what was the matter with her card. The credit union told her that
she had made a recent purchase at a Target store and that her card was flagged because of the credit card breach. They issued her a new card on the
spot to prevent theft from our account using the old card and she has been able to continue shopping my hard earned money away as usual.
It makes me wonder if the credit union knows something we don't know? There's nothing in the news about the breach being an ongoing thing or any new
hacks into the Target system but, they were pretty darn quick to shut down my account after a purchase was made there. Are they being over cautious
over an old news story or is there something more going on here?
This is going to make it hard for the credit union customers to shop at Target in the future if they have to fear their cards shutting down every-time
they make a charge there. Maybe the credit union has a grudge against Target.
Does anyone else out there have any info on this? Is the breach ongoing and everyone's credit cards are still at risk if they shop at Target, or is
something else going on here?