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posted by n1 on Thursday September 04 2014, @02:26PM   Printer-friendly
from the economic-sanctions dept.

Krebs on Security broke a story about Home Depot being breached, with an update stating that the banks believe the breach goes as far back as late April/early May.

Multiple banks say they are seeing evidence that Home Depot stores may be the source of a massive new batch of stolen credit and debit cards that went on sale this morning in the cybercrime underground. Home Depot says that it is working with banks and law enforcement agencies to investigate reports of suspicious activity.

[...]

In what can only be interpreted as intended retribution for U.S. and European sanctions against Russia for its aggressive actions in Ukraine, this crime shop has named its newest batch of cards “American Sanctions.” Stolen cards issued by European banks that were used in compromised US store locations are being sold under a new batch of cards labeled “European Sanctions.”

Home Depot's stock price also took a dive when the news was released.

 
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  • (Score: 2) by nitehawk214 on Thursday September 04 2014, @09:30PM

    by nitehawk214 (1304) on Thursday September 04 2014, @09:30PM (#89521)

    Well in Google's case, they are already a giant giant target. But I expect a lot more security from Google than Home Depot Target. [pun intended]

    But I thought the idea behind NFC type systems is that simply knowing the wallet number does the hacker no good, they would also need to know the pin or password to push the auth through?

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