40 Million Target Customers May Be Victims of Security Breach

What's Hot


The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

How a Mexican Tariff Will Boost the Cost of 6 Common PurchasesFamily

This Free Software Brings Old Laptops Back to LifeMore

How to Protect Yourself From the ‘Can You Hear Me?’ Phone ScamFamily

Report: Walmart to Begin Selling CarsCars

Where to Sell Your Stuff for Top DollarAround The House

Is Your TV Tracking You? Here’s How to Tell — and Prevent ItAround The House

11 Staging Tips to Help You Get Top Dollar When Selling Your HomeAround The House

21 Restaurants Offering Free Food Right NowSaving Money

20 Simple Hacks to Make Your Stuff Last LongerAround The House

4 Car Insurers That Might Raise Rates Even When the Accident Wasn’t Your FaultCars

How to Invest If Trump Kills the ‘Fiduciary Rule’Grow

12 Surprising Ways to Wreck Your Credit ScoreBorrow

8 Tuition-Free U.S. CollegesCollege

These Are the 25 Best Jobs in the U.S.Jobs & Work

9 Secret Ways to Use Toothpaste That Will Make You SmileAround The House

The 2 Types of Music That Most Improve Dog BehaviorFamily

The massive data breach began just as shoppers were gearing up for the frenzy of Thanksgiving and Black Friday shopping.

If you’ve done any shopping at Target in the past few weeks and used plastic to pay, your credit or debit card information may be at risk.

Target says as many as 40 million customers may be susceptible to fraud due to a security breach of credit and debit card data between Nov. 27 and Dec.15.

The company says the stolen information includes customer names, credit or debit card numbers, card expiration dates and CVV codes, enabling fraudsters to replicate the data onto counterfeit cards. The CVV is that three-digit code on the back of your card.

USA Today reports:

The breach involves the theft of information stored on the magnetic stripe on the backs of cards used at nearly all of Target’s stores around the country, according to the Krebs on Security website, who first reported the news. …

The breach does not appear to involve online purchases, Krebs reports. It appears the type of data stolen would allow thieves to create counterfeit credit cards and, if PIN numbers were intercepted, would also allow thieves to withdraw cash from ATM machines, according to Krebs.

Target notified authorities and financial institutions Immediately after the breach was discovered, the company said. “Target’s first priority is preserving the trust of our guests and we have moved swiftly to address this issue, so guests can shop with confidence. We regret any inconvenience this may cause,” said Gregg Steinhafel, chairman, president and chief executive officer of Target.

If you believe you might be among the 40 million customers, take these steps to protect yourself:

  • Starting right now, monitor your credit card or bank statement for purchases or withdrawals you didn’t make. If you see fraudulent activity, file a police report and notify your card company or bank. You won’t be held responsible for paying for a fraudulent purchase if you notify the financial institution in a timely fashion.
  • If you think you used your credit card at a Target store during that period of time, let your card company know. It may issue you another card.
  • If you used your debit card instead, call your bank. It may want to issue you a new card or at least change your PIN.
  • If your identity has been stolen as a result of this data breach, contact Target toll-free at (866) 852-8680 to report the incident.
  • Start monitoring your credit reports. You can get one free report each year from each of the big three credit reporting agencies at AnnualCreditReport.com. Look for new accounts being opened in your name and other suspicious activity.
  • Ask one of the credit bureaus to put a fraud alert on your report. It will share your request with the two other bureaus.
  • If you are a victim of fraud, consider getting a freeze on your credit reports.

There’s no need to pay for credit monitoring. Money Talks News founder Stacy Johnson explains how you can easily do it yourself for free in this video.

What are your thoughts about Target’s security breach? Let us know in the comments below or on our Facebook page.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: 8 Ways to Get a Good Price on a Shiny New Auto

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,829 more deals!