Target Says Encrypted PIN Numbers Were Stolen In Breach - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

News

Target Says Encrypted PIN Numbers Were Stolen In Breach

Posted: Updated:
File photo. File photo.
NEW YORK CITY -

The credit and debit-card security breach at Target has grown into an even bigger headache for customers with the retailer's admission that encrypted personal identification numbers were stolen.

The retailer on Friday said it has confirmed "that strongly encrypted PIN data was removed." In an emailed statement to the press, the retailer said, "We remain confident that PIN numbers are safe and secure."

That's probably not going to be much of a consolation to Target shoppers, who are already alarmed by the scope of the theft and unclear answers from the retailer. Reuters had reported on Thursday that the thieves had stolen encrypted PIN data, although Target initially denied that any PIN data was "compromised."

At least one major U.S. bank is concerned that the thieves will crack the encryption code and withdraw money from bank accounts, Reuters noted.

Target, however, said the "key" needed to decrypt the data from customers' debit cards didn't exist within its system, given that the PIN information was received by an independent payment processor.

Still, consumers should take steps to protect themselves.

"Consumers can also change their PINs and request new debit cards from their bank," Bankrate credit card analyst Janna Herron told CBS MoneyWatch in an email following Target's disclosure. "Many banks I spoke with say that their zero liability policy extends to their debit cardholders as well."

Target customers should continue to monitor their accounts and immediately call their bank if they discover an unauthorized transaction, she adds. "The quicker a consumer responds, the less hassle they will encounter when trying to recover their funds," Herron notes.

The retailer has set up a web page to answer commonly asked questions.

12/26/2013 Related Story: Oklahoma Banks, Target Customers Deal With Credit Fraud Aftermath

Special Features

Community Calendar

Find out what's going on around town and submit events!

Share

See it! Shoot it! Send it! Share your weather pics and videos with NewsOn6.com!

iPhone App

Get breaking news, weather, sports & video directly on your iPhone.

Mobile Alerts

Get breaking news, headlines, weather alerts & more on your cell phone.

TV Schedule

Need to know what's on TV? Check out our television schedule.

Live Radar

WARN Interactive

Special Coverage

  • Bridge Tracker

    How safe are Oklahoma's bridges? Use Bridge Tracker to find out now.

  • Cold Case

    Join Lori and local homicide detectives as they search for Cold Case clues.

  • Crime Tracker

    Find out what crimes are committed in your area with Crime Tracker.

  • Fallen Heroes

    News On 6 honors our fallen Oklahoma heroes. View our interactive timeline.

  • Murrah Bombing Timeline

    Learn more about the events leading up to and following the bombing.

  • Storm Zone

    Watch tornadoes tear across Oklahoma and learn how to stay safe!

  • Turnpike Timelines

    View a historical road map of Oklahoma's turnpike system.

Powered by WorldNow
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
TULSA'S OWN TM
GREEN COUNTRY'S OWN TM
Oklahoma's Own Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state including Tulsa's Own and Green Country's Own.
All content © Copyright 2000 - 2014, WorldNow and KOTV. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.