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Stock Market & Financial Investment News

News Breaks
December 27, 2013
12:35 EDTTGTTarget says 'confident' PIN numbers safe and secure
Target, in it fourth media update on its data security incident, stated that its investigation into the data breach is continuing and ongoing. Target stated: "While we are still in the early stages of this criminal and forensic investigation, we continue to be committed to sharing the facts as they are confirmed. While we previously shared that encrypted data was obtained, this morning through additional forensics work we were able to confirm that strongly encrypted PIN data was removed. We remain confident that PIN numbers are safe and secure. The PIN information was fully encrypted at the keypad, remained encrypted within our system, and remained encrypted when it was removed from our systems...The most important thing for our guests to know is that their debit card accounts have not been compromised due to the encrypted PIN numbers being taken."
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April 14, 2014
06:53 EDTTGTTarget breach sparks retail push to upgrade card technology, Bloomberg says
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