The latest numbers released by Target would seem to indicate that 23% of all Americans made at least one purchase at one of their stores during that three week period. This doesn’t take into account people who paid cash. To me, that is an astounding statistic. I wonder what Walmart’s numbers are.
That seems suspicious to me. How do they count people who paid cash? How do they distinguish between two people with copies of a credit card both buying versus one person buying?
The New York Times is reporting up to 110 million, BUT it is not limited to people who physically shopped at the stores during the holiday. It appears that a lot more people are vulnerable:
Oh. When the story first broke they said it was only people who “swiped” in the stores. 110 million?! That’s a shit pile of data.
Anyone else hear the rumor (not confirmed yet) that Target Inc wasn’t compliant with data protection legislation? Looking for confirmation one way or the other…
Maybe that’s why they were targeted by the hackers.
It’s like the IT dept was walking around with a bullseye on their backs.
I have only one credit card that I use. I have set up text alerts so that anytime something is charged where the card is not present (like if I buy something online) I get a message instantly. I also set an alert for any charge over $50 even if the card is present. I’ve had my number stolen a couple of times in the past and only found out when I tried to buy something and the charge was declined because the card company (Chase) had locked the card due to suspicious activity. This alert system keeps me on top of all credit card activity up to the minute.
I guess they’re going to provide free credit monitoring for “all guests”. According to their FAQ, details on how to sign up are due next week.
One result of this fiasco is that the CEO has been removed (although another explanation is major problems in Target’s expansion into Canada).
So, Dopers, do you feel he got what he deserved? Or do feel sorry for the poor guy (who will only get $55 million in severance/pension benefits/deferred compensation, etc)?
[Note this article has video]
Yeah when I first heard yesterday that Target’s CEO was out of a job, my first thought was “Poor guy. I wonder how big his severance bonus was.”
The CIO went earlier. Lots of changes.
Their website has been a crock of shit for a long time. I wonder if that had anything to do with it.