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Re: Hope you didn't go to Target on Black Friday
Pay with cash.
Pay with cash.
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Target Confirms Major Card Data Theft during Thanksgiving
- Thread starter MMC
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Re: Hope you didn't go to Target on Black Friday
I do as often as I can. But there are occasions that just isn't possible. I don't even use a debit card. I end up walking around with a lot of cash on me and that can be pretty dangerous too if anyone is paying attention to you while you pull out your wallet to pay and see several bills inside your wallet.
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Re: Hope you didn't go to Target on Black Friday
You seem like someone that can plan. Know the general price of what you are about to purchase, set that amount, in a clip or in a wad or what you like, and avoiding the wallet, pay for said item with the allocated cash.
You seem like someone that can plan. Know the general price of what you are about to purchase, set that amount, in a clip or in a wad or what you like, and avoiding the wallet, pay for said item with the allocated cash.
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polgara
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Re: Hope you didn't go to Target on Black Friday
Vesper, today my dishwasher went on a rampage. Not only did I get to clean up the flood it created, I got to call a plumber, on a Sunday, mind you, to tell me what happened. It had died. He went with me to buy a new one, and fortunately he drives a truck so he hauled the new one back to my house. I had to use a credit card to pay for it, since I didn't have the cajillions of dollars it cost on hand, and the bank drive-thru only gives a $500 maximum. After installing the new appliance, plus the cost of buying it, I have had one of the most expensive Sundays I have ever had at home, and I didn't even get to enjoy myself by throwing a party or something! *sob* :2mad:
Vesper, today my dishwasher went on a rampage. Not only did I get to clean up the flood it created, I got to call a plumber, on a Sunday, mind you, to tell me what happened. It had died. He went with me to buy a new one, and fortunately he drives a truck so he hauled the new one back to my house. I had to use a credit card to pay for it, since I didn't have the cajillions of dollars it cost on hand, and the bank drive-thru only gives a $500 maximum. After installing the new appliance, plus the cost of buying it, I have had one of the most expensive Sundays I have ever had at home, and I didn't even get to enjoy myself by throwing a party or something! *sob* :2mad:
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Re: Hope you didn't go to Target on Black Friday
I feel your pain Polgara, all of 2013 was like that for me. It was the most expensive year of my life paying for things that had nothing to do with FUN. And often it required a credit card to make the needed purchases simply because it was on a weekend and the banks were closed.
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Re: Hope you didn't go to Target on Black Friday
Damn.....it has now been updated to 3 other smaller retailers besides Target and Neiman Marcus. Possible credit card breaches and these retailers had outlets at malls.
Reuters: Other US Retailers Hit By Holiday Credit Card Data Breach.....
http://cdn.gottabemobile.com/wp-content/uploads/2014/01/CC-Fraud.jpg
I hate to say that this news is unsurprising, but it is. Reuters is reporting tonight that during the recent holiday shopping season at least three other smaller US retailers were hit by possibly similar credit card data breaches as Target and Neiman Marcus. When news of the Neiman Marcus breach began surfacing earlier today, there was a sense that more was coming. According to the Reuters report the other US retailers affected by the data theft have yet to be publicly disclosed but sources say the other retailers involved had outlets at malls.
Smaller breaches occurred at possibly three other well-known U.S. retailers and were conducted using similar techniques as the one on Target, according to the people familiar with the attacks. The outlets and information regarding those breaches have yet to be made public. Also, similar breaches may have occurred earlier last year.
Reuters sources say that the thieves may possibly be the same as those who struck at Target. Suspicion is that the culprits are based in Eastern Europe.
But the scope of these breaches is now reaching such a dramatic scale that we are certain to see large ramifications affect retail sales in the US going forward.
If the scale of these thefts continues to grow, I also wouldn’t be surprised if this doesn’t move from concerns about commercial theft to one that begins discussing these attacks as acts of terrorism.....snip~
Reuters: Other US Retailers Hit By Holiday Credit Card Data Breach
Damn.....it has now been updated to 3 other smaller retailers besides Target and Neiman Marcus. Possible credit card breaches and these retailers had outlets at malls.
Reuters: Other US Retailers Hit By Holiday Credit Card Data Breach.....
http://cdn.gottabemobile.com/wp-content/uploads/2014/01/CC-Fraud.jpg
I hate to say that this news is unsurprising, but it is. Reuters is reporting tonight that during the recent holiday shopping season at least three other smaller US retailers were hit by possibly similar credit card data breaches as Target and Neiman Marcus. When news of the Neiman Marcus breach began surfacing earlier today, there was a sense that more was coming. According to the Reuters report the other US retailers affected by the data theft have yet to be publicly disclosed but sources say the other retailers involved had outlets at malls.
Smaller breaches occurred at possibly three other well-known U.S. retailers and were conducted using similar techniques as the one on Target, according to the people familiar with the attacks. The outlets and information regarding those breaches have yet to be made public. Also, similar breaches may have occurred earlier last year.
Reuters sources say that the thieves may possibly be the same as those who struck at Target. Suspicion is that the culprits are based in Eastern Europe.
But the scope of these breaches is now reaching such a dramatic scale that we are certain to see large ramifications affect retail sales in the US going forward.
If the scale of these thefts continues to grow, I also wouldn’t be surprised if this doesn’t move from concerns about commercial theft to one that begins discussing these attacks as acts of terrorism.....snip~
Reuters: Other US Retailers Hit By Holiday Credit Card Data Breach
Montecresto
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Hey there MMC. Oh boy. I didn't see the names of the other three, I only hope they aren't businesses I shopped.
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Heya Monte.....yeah they haven't released them yet. Other than to say they had outlets in malls. I figured there was going to be more.
At least more on the rumor of organized crime came out and that they know it is connected to those in Eastern Europe. I am just wondering who other than the Russian Mob is coming out of Eastern Europe as a Criminal Organization powerful enough and known globally?
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Update: Sub committee on Commerce and Consumer Protection Chairs.....have now contacted target. That 110 Million caught their attention.
Senators ask Target CEO for information on data breach.....
Two key U.S. senators have written to Gregg Steinhafel, chief executive officer of Target Corp, seeking "detailed information" on the hacking of credit and debit cards of millions of customers during the holiday shopping season.
"We ask that Target's information-security officials provide a briefing to committee staff regarding your company's investigation and latest findings," John Rockefeller, chairman of the Senate Commerce Committee, and Claire McCaskill, chair of the Commerce subcommittee on consumer protection, wrote to Steinhafel in a letter dated January 10 and released on Tuesday.....snip~
Senators ask Target CEO for information on data breach
Senators ask Target CEO for information on data breach.....
Two key U.S. senators have written to Gregg Steinhafel, chief executive officer of Target Corp, seeking "detailed information" on the hacking of credit and debit cards of millions of customers during the holiday shopping season.
"We ask that Target's information-security officials provide a briefing to committee staff regarding your company's investigation and latest findings," John Rockefeller, chairman of the Senate Commerce Committee, and Claire McCaskill, chair of the Commerce subcommittee on consumer protection, wrote to Steinhafel in a letter dated January 10 and released on Tuesday.....snip~
Senators ask Target CEO for information on data breach
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More news on the Target Data Breach. 
Target data breach could be costly for payment partners.....
Companies that help Target Corp process payments could face millions of dollars in fines and costs resulting from the unprecedented data breach that struck the retailer over the holiday shopping season.
Target's partners "have deep pockets and are intimately involved in certain aspects of how Target gets paid," said Jamie Pole, a cyber security consultant in Asheboro, North Carolina, who works for government agencies and the financial industry.
Fines and settlement costs could reach into the millions of dollars for individual companies, he said, though much will depend on how the ultimate liability for the breach is determined.
After its systems were penetrated by hackers in the mid-2000s, retailer TJX Companies Inc agreed to pay up to $40.9 million to cover fraud costs in a settlement with Visa. Visa also issued penalties of $880,000 against Fifth Third Bancorp of Ohio, which processed transactions for TJX.
FINING THE MIDDLEMEN
Fines in cyber cases have drawn some push-back from merchants. In a case in U.S. District Court in Nashville, Tennessee, specialty retailer Genesco Inc Inc is suing Visa over the $13.3 million it says Visa wrongfully collected from its banks, Wells Fargo & Co and Fifth Third.
Visa collected the money after a cyber-attack obtained payment data, though the data was handled within industry standards, according to the company's complaint.
Wells Fargo declined to comment. A spokeswoman for Fifth Third did not respond to questions. In court filings Visa defended its actions as in keeping with laws and contracts.....snip~
Target data breach could be costly for payment partners
Target data breach could be costly for payment partners.....
Companies that help Target Corp process payments could face millions of dollars in fines and costs resulting from the unprecedented data breach that struck the retailer over the holiday shopping season.
Target's partners "have deep pockets and are intimately involved in certain aspects of how Target gets paid," said Jamie Pole, a cyber security consultant in Asheboro, North Carolina, who works for government agencies and the financial industry.
Fines and settlement costs could reach into the millions of dollars for individual companies, he said, though much will depend on how the ultimate liability for the breach is determined.
After its systems were penetrated by hackers in the mid-2000s, retailer TJX Companies Inc agreed to pay up to $40.9 million to cover fraud costs in a settlement with Visa. Visa also issued penalties of $880,000 against Fifth Third Bancorp of Ohio, which processed transactions for TJX.
FINING THE MIDDLEMEN
Fines in cyber cases have drawn some push-back from merchants. In a case in U.S. District Court in Nashville, Tennessee, specialty retailer Genesco Inc Inc is suing Visa over the $13.3 million it says Visa wrongfully collected from its banks, Wells Fargo & Co and Fifth Third.
Visa collected the money after a cyber-attack obtained payment data, though the data was handled within industry standards, according to the company's complaint.
Wells Fargo declined to comment. A spokeswoman for Fifth Third did not respond to questions. In court filings Visa defended its actions as in keeping with laws and contracts.....snip~
Target data breach could be costly for payment partners
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Re: Hope you didn't go to Target on Black Friday
Same here. We had two events caused by falling trees/tree limbs... expensive fixes. But I learned my lesson about using credit cards vs debit cards when I had a plumber come out who charged me $179, but his office mistakenly hit my card up for $779. Even thoigh they admitted their mistake right away... and put the money back in my account, it took 10 days before it showed up. My banker told me their hands are tied when you use debit cards... but credit cards can issue stop payments.
Lesson learned... always use credit cards to pay service people. I got a new one solely for that purpose.
Understand Target actually involved 110 million card holders.
Scary stuff.
Same here. We had two events caused by falling trees/tree limbs... expensive fixes. But I learned my lesson about using credit cards vs debit cards when I had a plumber come out who charged me $179, but his office mistakenly hit my card up for $779. Even thoigh they admitted their mistake right away... and put the money back in my account, it took 10 days before it showed up. My banker told me their hands are tied when you use debit cards... but credit cards can issue stop payments.
Lesson learned... always use credit cards to pay service people. I got a new one solely for that purpose.
Understand Target actually involved 110 million card holders.
Scary stuff.
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Re: Hope you didn't go to Target on Black Friday
Yes. I do, however, pay cash for most purchases. I budget myself for a month at a time. Barring no unforeseen disasters, I do quite well often with money left over. (because I'm a frugal, coupon cutting son of a gun). I see these people who engage in this type of theft the 21st century bank robbers of old. The evil will always be with us. Unfortunately not only do they cost us personally, it takes mountains of money to hunt them down, prosecute and incarcerate them and their actions often result in loss of freedoms for us all.
Same here. We had two events caused by falling trees/tree limbs... expensive fixes. But I learned my lesson about using credit cards vs debit cards when I had a plumber come out who charged me $179, but his office mistakenly hit my card up for $779. Even thoigh they admitted their mistake right away... and put the money back in my account, it took 10 days before it showed up. My banker told me their hands are tied when you use debit cards... but credit cards can issue stop payments.
Lesson learned... always use credit cards to pay service people. I got a new one solely for that purpose.
Understand Target actually involved 110 million card holders.
Scary stuff.
Yes. I do, however, pay cash for most purchases. I budget myself for a month at a time. Barring no unforeseen disasters, I do quite well often with money left over. (because I'm a frugal, coupon cutting son of a gun)
. I see these people who engage in this type of theft the 21st century bank robbers of old. The evil will always be with us. Unfortunately not only do they cost us personally, it takes mountains of money to hunt them down, prosecute and incarcerate them and their actions often result in loss of freedoms for us all.