The Home Depot confirmed that its payment data systems have been breached, which could potentially impact customers using cards in its U.S. and Canadian stores. The retailer reports no evidence of the breach affecting customers who shopped in Mexico or online.
Home Depot has confirmed it is investigating some "unusual activity" related to a data breach, making the home improvement retailer the latest potential victim of cyber criminals.
Target's data breach is among the largest to date and has impacted the retailer far beyond the event's scope and moment in time.
As if retailers needed any reminders that their businesses are vulnerable to security breaches, experts at a recent conference warned that Target and P.F. Chang's are just the tip of the iceberg when it comes to credit card fraud.
Blogger Brian Krebs is responsible for breaking many a story about cybercrime, but more than anything he believes that retailers need to fundamentally change the way they respond to breaches.
P.F. Chang's has released a statement following news of a data breach in early June. While the company has not identified the scope or cause of the breach, it has attributed the attack to the work of an organized criminal operation.
The results of a new data security survey of U.S. businesses should not be surprising, but they are certainly alarming. Even though high-profile data breaches such as Target and P.F. Chang's have been in the news since the start of the year, IT executives said their companies' data is not secure.
While retailers and restaurants in the U.S. deal with a flood of card data breaches, hackers have demanded a ransom of 30,000 euros ($40,706) from Domino's Pizza. In a startling move, the hackers demanded the money after stealing personal data on more than 600,000 of the restaurant chain's customers in Belgium and France.
Until security on retail point-of-sale systems becomes pervasive, the data breaches that affected Target late last year and P.F. Chang's just this month will continue, security experts say.
Many banking and security professionals would argue that the P.F. Chang's credit card data breach discovered on June 10 is a reason for quick EMV migration in the U.S. However, others say EMV is not the be-all, end-all for retail fraud.