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Stock Market & Financial Investment News

News Breaks
January 10, 2014
08:01 EDTTGTTarget: Certain guest information was taken during data breach
Target announced updates on its continuing investigation into the recent data breach and its expected fourth quarter financial performance. As part of Target’s ongoing forensic investigation, it has been determined that certain guest information -- separate from the payment card data previously disclosed -- was taken during the data breach. This theft is not a new breach, but was uncovered as part of the ongoing investigation. At this time, the investigation has determined that the stolen information includes names, mailing addresses, phone numbers or email addresses for up to 70 million individuals. Much of this data is partial in nature, but in cases where Target has an email address, the Company will attempt to contact affected guests. This communication will be informational, including tips to guard against consumer scams. Target will not ask those guests to provide any personal information as part of that communication. In addition, guests can find the tips on our website. “I know that it is frustrating for our guests to learn that this information was taken and we are truly sorry they are having to endure this,” said Gregg Steinhafel, chairman, president and CEO, Target. “I also want our guests to know that understanding and sharing the facts related to this incident is important to me and the entire Target team.” Guests will have zero liability for the cost of any fraudulent charges arising from the breach.
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April 14, 2014
06:53 EDTTGTTarget breach sparks retail push to upgrade card technology, Bloomberg says
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