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Comments
Fresh Target Breach Cards Hitting Black Market
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Alison_Diana
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Alison_Diana,
User Rank: Moderator
2/28/2014 | 1:04:31 PM
Not Only Credit Cards
In the past week, I received a call about my "Microsoft Windows software" and another from "XYZ Bank's collection agency." Both, of course, were scams. I laughed at the first guy but was a bit concerned for a couple of minutes by the voicemail from the second until commonsense kicked in.
Laurianne
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Laurianne,
User Rank: Apprentice
2/28/2014 | 2:29:33 PM
Bottom line advice?
So the bottom line, Mat, is if you shopped at Target during the timeframe in question, you should insist now on a new card?
Jim Donahue
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Jim Donahue,
User Rank: Apprentice
2/28/2014 | 2:31:14 PM
Targeted
I got my first direct communication from Target about this situation only this week! That is remarkably bad.


Given I used only my Target card at the store during the affected time frame--not a general credit card--I can pretty easly keep tabs on how the card is being used, so I'm not terribly concerned. But I am surprised Target hasn't canceled its cards and issued new ones.
Mathew
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Mathew,
User Rank: Apprentice
2/28/2014 | 6:47:04 PM
Re: Bottom line advice?
Yes. If I'd shopped at Target during the breach window -- which I didn't -- and used a credit/debit card, I'd call the card issuer and demand a new card number. Failing that, I'd threaten to cancel the account, or change banks.

However long that new-card process takes, it's a good bet it will equal a lot less time than dealing with the mess caused by any resulting ID theft.
danielcawrey
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danielcawrey,
User Rank: Apprentice
3/1/2014 | 1:57:03 PM
Re: Not Only Credit Cards

This is scary. The level of "service" that Valid Shop is offering is a bit disturbing. I guess that even illegal marketplaces need to serve their customers well, or else people will not pay them. 

This is another unfortunate example of people using bitcoin for nefarious purposes. Bitcoin has many positive aspects, but its pseudononymous nature is causing it to be used as a tool for criminality. 

asksqn
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asksqn,
User Rank: Ninja
3/1/2014 | 7:10:12 PM
Target Breach: the gift that keeps giving
The really galling thing about this latest breach is that this kind of theft can be nixed if the credit card industry (and those biz that accept plastic) would simply upgrade its current PCI DSS to the same standard Europe uses. 
Brian.Dean
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Brian.Dean,
User Rank: Apprentice
3/2/2014 | 9:32:37 AM
Re: Not Only Credit Cards
The Microsoft scam support call is amusing to think about, someone actually thinks that by making such calls and investing time and money consumers are going to fall prey to the scam. The scary bit is that they are still operational, which means that they are people falling for the scam -- generating revenue. Otherwise they would not be attempting such a scam. The idea that a company will provide a high level of customer support is appealing to customers, but from the article we can see that when support and protection requires investment then firms choose the wait-and-see approach (risk management).
Brian.Dean
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Brian.Dean,
User Rank: Apprentice
3/2/2014 | 9:41:12 AM
Re: Bottom line advice?
Great advice and anyone who has been exposed to the breach window should call up the bank and say "that there is a 60% chance their card will be misused".
Brian.Dean
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50%
Brian.Dean,
User Rank: Apprentice
3/2/2014 | 9:56:42 AM
Re: Target Breach: the gift that keeps giving
I think the cost of a card itself is not a big deal (even when multiplied by 40 million). The logistics of sending all those cards out and getting them activated is what's causing the apprehension. Since the breach has taken place and eventually new cards have to be issued, now would be a nice time to upgrade card security in the processes. By viewing this whole process as an upgrade to security rather than a containment exercise, better results can be gained.
Li Tan
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50%
Li Tan,
User Rank: Apprentice
3/2/2014 | 8:29:35 PM
Re: Target Breach: the gift that keeps giving
I completely agree. The major issue is not about card itself but mainly the security process. Nowadays the card with magnetic strip is in use not upgraded to IC chip yet. Keeping your card with the reach of your eyesight help nothing to prevent security breach. Instead some solid process must be in place.
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