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Home Depot The Latest Hack Victim?
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NormanSwe
NormanSwe,
User Rank: Apprentice
9/10/2014 | 3:25:03 PM
Re: Another Attack?
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GonzSTL
GonzSTL,
User Rank: Ninja
9/5/2014 | 3:48:51 PM
Re: Another Attack? What a Surprise!
I find it interesting that there is nothing new in Home Depot's Media Center regarding this situation. Krebs gathered zip code information on the cards for sale on the rescator site and then correlated them with the zip code of Home Depot locations, resulting in a 99.4% overlap. It would be an unusually big coincidence if there was no breach. Although I understand that they could be tight lipped about it because it is an ongoing investigation, I hope that something is already being done to mitigate the risk of fraud that could potentially result from the sale of those cards.
Kelly Jackson Higgins
Kelly Jackson Higgins,
User Rank: Strategist
9/3/2014 | 12:17:13 PM
Re: Another Attack? What a Surprise!
No shock here, for sure. Likely most major retailers are 0wned and either don't know it yet or aren't talking yet. 

Home Depot just issued this message to their customers--no confirmation of the breach yet, but basically a heads up.

https://corporate.homedepot.com/MediaCenter/Pages/Statement1.aspx
GonzSTL
GonzSTL,
User Rank: Ninja
9/3/2014 | 9:56:28 AM
Another Attack? What a Surprise!
Ho hum ... just another company breach, another fresh batch of credit cards on the black market, more banks absorbing fraud and credit card reissuances, insurance companies paying out, another brand tarnished, causing consumers to lose faith in the company, and another company gets hammered at the stock exchange. The result - just another company scrambling to entrench their data in a veritable fortress of security. Just another example of 20-20 hindsight! When will organizations take security seriously enough to make it one of their top priorities? When will executive management get the message that unless they lead this charge, they will be ... just another company that gets breached? Data breaches have become almost a weekly news item, and will continually be so for the foreseeable future.

Here is what I think it will take to convince executive management to elevate the whole security agenda. Imagine a company breach that results in a total electronic data loss in their production environment. Think about that for a second - no sales because they have no idea what products they have, no working POS system, no customer data, nothing in the form of electronic data processing ... nothing. Nothing moves in the company until their DR plans kick in and achieve business continuity. Data breaches do not stop business from continuing operations, but a total data loss will. When that happens to a big name brand like Target or Home Depot, then company executives will realize that a new phase has arrived in the threat horizon. Data loss is a very scary scenario, but business stoppage is like a stake through the heart, difficult to recover from within a short time frame. I really hope it does not come to that, and that executives everywhere wake up and smell the coffee before that happens to them.


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