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(Huffington Post)   Banks foot a $200M bill for the breach at Target   (huffingtonpost.com) divider line 13
    More: Interesting, Target Corp., data breach, TJX Cos, regional bank, Credit Union National Association  
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868 clicks; posted to Business » on 19 Feb 2014 at 10:36 AM (8 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



13 Comments   (+0 »)
   
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2014-02-19 09:54:13 AM
Which they will promptly make up in less time than it takes you to read the article.
 
2014-02-19 10:51:37 AM
Which they pass on to their customers.
 
2014-02-19 11:05:04 AM
Oh 15 minutes worth of work down the tubes.

The horror.
 
2014-02-19 01:04:00 PM
As someone who is waiting for his second replacement card in a month to show up, I'm getting a kick etc...
 
2014-02-19 01:21:38 PM
Where's the picture of the tiny violin?
 
2014-02-19 01:27:44 PM
I trust my bank will go after Target for the full amount. I've had to replace cards twice now thanks to their little security lapse. Each time, it involves a couple of hours to redo a dozen or so auto-pay accounts.
 
2014-02-19 02:58:56 PM

Kome: Which they will promptly make up in less time than it takes you to read the article.


Done in one.

I really really don't feel sorry for banks after watching  Inside Job
 
2014-02-19 03:35:43 PM
Bank customers foot a $200M bill for the breach at Target.

FTFY.
 
2014-02-19 04:44:12 PM
Uh oh, $200M?  OK, you VPs draw straws and see which of you doesn't get a bonus this year.
 
2014-02-19 05:01:45 PM

El Dudereno: As someone who is waiting for his second replacement card in a month to show up, I'm getting a kick etc...


Why would you need to replace it twice?  Did the first card not have a new number on it?
 
2014-02-19 05:59:53 PM

Thoguh: El Dudereno: As someone who is waiting for his second replacement card in a month to show up, I'm getting a kick etc...

Why would you need to replace it twice?  Did the first card not have a new number on it?


The card that was hacked had a replacement card issued, which was also hacked within a week.
 
2014-02-19 08:34:37 PM
I wonder how much the Rakuten/Buy.com Credit Card fraud is STILL costing banks, because it's been going on for over a year now, with no end in sight.

I now believe Rakuten is run by the Yakuza, and the scam is being perpetrated from the highest levels of that company, after they supposedly "investigated" and found no issues, though if you use a credit card there, or V.me service (Visa gives Rakuten your CC# and other info), you will see fraudulent charges in a few weeks. People even used virtual CCs, and were notified by their banks that somebody attempted to use the virtual CC# (only used once, ever, on Rakuten.com's site) a few weeks later.

The story is much bigger than Target, but virtually ignored by the press. WTF?
 
2014-02-19 10:55:19 PM
Heh, ten dollars per card. And a target(ed) ad.
/golfclap.gif
 
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