Home Depot Data Breach

hdpic

As many of you might have seen on the news or on twitter, Home Depot had a data breach, similar to the Target breach from December 2013. The breach was detected September 2nd. Home Depot released the following statement:

“On September 2 we disclosed that we were investigating a possible breach of our payment data systems. We want you to know that we have now confirmed that those systems have in fact been breached, which could potentially impact any customer that has used their payment card at our U.S. and Canadian stores, from April forward. We do not have any evidence that the breach has impacted stores in Mexico or customers who shopped online at HomeDepot.com. We apologize for the frustration and anxiety this causes our customers. We also want to emphasize that you will not be responsible for any fraudulent charges to your accounts, and we’re offering free identity protection services, including credit monitoring, to any customer who has shopped at a Home Depot store in 2014, from April on.”
According to Brian Krebs, a cyber security reporter who reported on the target and now home depot story, the information stolen from Home Depot data breach is now being sold to underground thieve who are replicating card information. Additionally, “multiple financial institutions are reporting a steep increase over the past few days in fraudulent ATM withdrawals on customer accounts,” Krebs reported. This news is alarming to anyone who has shopping at Home Depot recently. However, don’t panic!  Here are a few tips on what to do:
1. Check your bank account activity for any unusual activity – if any is found, report it to your bank and the police.
2. Get a new card!
3. Home Depot is providing free credit monitoring and identity theft for a year to anyone who shopped at Home Depot since April.
Also, Home Depot insured customers they would not be responsible for any stolen money.  That’s all for now, I’m off to check my account history! I bought a gift card for a wedding back in April at Home Depot!
Thoughts on this story? I’d love to hear them! How much damage do you think has been done? Will they catch the hackers?
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5 thoughts on “Home Depot Data Breach

  1. Credit card fraud can be very scary. We had an issue back in Anchorage when people were stealing credit cards and going from store to store purchasing $100 gift cards, electronics, and other items they can sell. Mine was stolen from my purse in my driveway, and by 10 am, they’d already spent $5000. I went from store to store asking the retailers why they let them use the card, what they looked like, and to pull surveillance for police officers who would be coming by later. With this information, one would think it would be quite simple to catch the perpetrators who had stolen from hundreds of people. It took the Anchorage police months to catch the thieves. The point of this story – it can take a long time to nab these guys, and the best thing people can do is watch their accounts regularly for any suspicious activity. If they are genuinely concerned, request a new card from the bank.

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  2. Data breaches are getting to the point where I’m not surprised anymore. It seems like every few months some form of data is stolen. Everything from naked selfies to credit card information. It seems that none of information is safe. Last week, in class, we discussed what types of information we are going to share with through our social media profiles but were getting to the point where even the information you don’t chose to share is being publicized. It seems that the only way to not have your information known is to not ever use the Internet and only pay with cash.

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    • I agree, there is always something in the news related to these types of things! I like the internet and online shopping far to much to never use it! I do thought make a conscious effort on which websites to use and the amount of information I provide. Thanks for the comment 🙂

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  3. I’m with Luke, it is not even news anymore… I have a very good credit card company with very strong security algorithms. My CC number was stolen twice. They caught it within minutes, blocked the card, and it never cost me a thing. Their reputation is not that good (what big banking company has a good reputation?!) but I’m happy with Capital One.

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