Fee-Free Processing 0% + $0.00 per transaction

Fee-Free Processing 0% + $0.00 per transaction

Target Breach – 2013

 

  • 40 million credit and debit card numbers stolen from Target between Black Friday and Christmas
  • 70 million names, addresses, e-mail addresses and phone numbers of Target shoppers stolen
  • 46% – the amount Target’s profits dropped in the fourth quarter of 2013 compared to the previous year
  • $200 million – estimated cost to credit unions and community banks to reissue 21.8 million cards
  • $100 million – cost Target says it will spend upgrading their terminals
  • 0 – number of cards that Chip and PIN enabled terminals would have been able to prevent the breach (without end-to-end encryption of card data, card numbers and expiration dates can still be stolen and used in online transactions)
  • 0 – the number of Chief Information Security Officer or Chief Security Officer jobs at Target
  • $18 – $35.70 – median price range of cards stolen from Target and sold on the black market
  • 1-3 million – estimated number of cards stolen from Target sold on the black market and used for fraud before issuing banks canceled
  • $53.7 million – estimated income that hackers generated from the sale of the 2 million cards stolen from Target
  • $55 million – estimated amount outgoing CEO of Target will earn in compensation and other benefits on his departure from the company

Related Articles

Valentine’s Day is far from just another day in Florida. It’s a full day rush. Lots of people show up last minute, wanting to get in, purchase something, and get

A $600 sale should never end up as a $2,100 loss.  A retail merchant recently had a customer make several individual transactions, that were manually entered because the chip was unreadable. The merchant did not check ID, and the customer

Internet Backup for Small Businesses from Bradenton to Naples No doubt you were affected by or heard about the recent Verizon Wireless outage on January 14, 2026. Verizon customers across