Wednesday, September 10, 2014

Home Depot hacked

On Monday retailer Home Depot acknowledged that they were victims of a hacking attack that stretched all the way back to April. The attack affected the payment system of the over 2,000 stores in the United States & Canada. The breach left the credit, debit and other customer information vulnerable over a 4 month period.
The security breach was first brought to Home Depot's attention when banks and law enforcement agencies alerted the retailer, on September 2, of suspicious activity. The retailer quickly joined forces with security experts and the secret service to launched an investigation into the situation. That investigation has not discovered how the breach happened or just how many customers have had their credit or debit information compromised. The one thing that have concluded at this point is that the breach did not seem to affect an customer that shopped online.
“While the company continues to determine the full scope, scale and impact of the breach, there is no
evidence that debit PIN numbers were compromised,” The company said in a statement. They went on to add, “We apologize for the frustration and anxiety this causes our customers, and I want to thank them for their patience and support as we work through this issue,” said Frank Blake, chairman and CEO. “We owe it to our customers to alert them that we now have enough evidence to confirm that a breach has indeed occurred. It’s important to emphasize that no customers will be responsible for fraudulent charges to their accounts.”
The home improvement retailer is offering identity, credit & debit card monitoring to any customer that used their payment system during the 4 month period. They are also advising that anyone that has shopped in the store between the beginning of April and September 2 should pay close attention to their credit card & bank statements.
When Target stores faced a similar breach over the holiday season last year it was discovered and fixed after 3 weeks. That breach affected the information of over40 million customer. With Home Depot having more locations and the breach lasting 4 months has the potential of this problem be much bigger.
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