Posted on 09/10/2014 6:39:06 AM PDT by KeyLargo
By Richard Davies @daviesnow Sep 9, 2014 9:03am
Home Depot (HD) Hack Could Be Biggest Card Breach Ever
Morning Money Memo:
The huge hacking attack against Home Depots payment systems could turn out to be the biggest breach of any retailers data so far. The company confirmed the data break-in but did not say how many credit and data cards are affected. The total could be as much as 60 million, according to several experts. That would be far more than the total number of cardholders impacted by the breach at Target stores.
There is no evidence that any debit card pin numbers were compromised, but according to security reporter Brian Krebs, who first wrote about the breach last week, multiple financial institutions
are reporting a steep increase over the past few days in fraudulent ATM withdrawals on customer accounts. The data breach went undetected for six months until banks and law enforcement agencies alerted Home Depot.
(Excerpt) Read more at abcnews.go.com ...
That's the only thing of importance that comes to mind.
With the massive contraction in high-street chains that kind of amusing rivalry has all but stopped. The High-street will soon be a tumbleweed farm.
Home Depot hasn’t said the problem is fixed. According to KrebsOnSecurity.com, Home Depot is still using XP machines in the field which are infected. And the company farmed out their security. Lazy liberals in charge of that company.
We shop at Lowe’s, because it’s closer.
I just called my insurance company (which is also my credit card issuer) to insure the RX-7, and the first item on their phone menu was, “Are you calling about the Home Depot security breach?”
Electronic health records (EHRs) are the foundation of Obamacare.
The 2009 HITECH Act (part of the Recovery Act, or ARRA) mandated government-certified interoperable EHRs and provided up to $36.5 billion to subsidize the cost of initial computerization. Already $24.8 million has been spent.
Doctors and hospitals that refuse to comply, or refuse “meaningful use” of the EHRs, face financial penalties starting January 1, 2015. Headlines underscore the intrusions available through HIPAA, HITECH and EHRs:
· “Scientists Embark on Unprecedented Effort to Connect Millions of Patient Medical Records” - The Washington Post, April 15, 2014
· “The 8 Commandments of Meaningful Use Penalties...” - HITECHAnswers, August 26, 2013
· “Big Medical Groups Begin Patient Data-Sharing Project” - The New York Times, April 6, 2011.
Wait until criminals (and Dems) get their hands on that data.
ping
Since then, I will only use my card when it is in my hand. I have had a few major retailers like Best Buy ask for the 3 digit code. In those cases, I tell them, that this is now a cash sale, and that information is not shared.
No problems since, though it is a hassle not being able to make online purchases with it.
Thanks for the ping!
At this rate, I'll never have to pay for credit protection again.
My healthcare provider had a burglary at their HQ and laptops were stolen containing thousands of patient’s personal data.
We were given one year of credit data protection.
Big whoop.
Connecticut, Other States Investigate Home Depot Data Breach
By KAREN FREIFELD, Reuters
7:33 p.m. EDT, September 9, 2014
“Home Depot has said it has hired security experts to determine the scope of the attack but declined to say how many payment cards may have been compromised.
It has advised customers to check payment card statements carefully for unusual charges, and has told them they will not be responsible for fraudulent activity and that it plans to offer free credit monitoring services.
Home Depot shares were down 1.3 percent at $89.62 on Tuesday afternoon.”
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