Home Depot: Data breach affected around 56 million payment cards

[unhappycamper]

http://www.rawstory.com/rs/2014/09/home-depot-data-breach-affected-around-56-million-payment-cards/

Home Depot: Data breach affected around 56 million payment cards
Reuters
18 Sep 2014

Home Depot Inc Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain was larger than last year’s unprecedented breach at Target Corp .

Home Depot, in providing the first clues to how much the breach would cost, said that so far it has estimated costs of $62 million. But it indicated that costs could reach much higher.

It will take months to determine the full scope of the fraud, which affected Home Depot stores in both the United States and Canada and ran from April to September.

Retailer Target incurred costs of $148 million in its second fiscal quarter related to its breach. Target hackers stole at least 40 million payment card numbers and 70 million other pieces of customer data.

[Paper Roses]

1. And so it begins again.

Time to sign up for the HD fraud protection program.
We're all going to have so many 'watches' on our cards that it is foolish. I feel offended that these huge companies are so willing to take our money but don't have the proper security to protect customers.

There should be a law.........

[dixiegrrrrl]

2. I am not worried.

both my credit cards do not charge me for stolen card charges, and neither of the banks have bothered to send me a new card, so I guess they are not worried either.
The card holder is not liable for theft, essentially. The banks and the stores need to work out how to prevent hacking, if they can.