Donna Leinwand Leger, USA TODAY Credit card data stolen from retailers such as Target, Sally Beauty Supply, P.F. Chang’s, and now perhaps Home Depot, are flooding into underground hacker forums where customers’ card numbers, names and addresses can be sold for as little as $1 each. Tuesday, a large batch of credit and debit card…
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Confirmation of Home Depot breach of credit card system
Elizabeth Weise, USATODAY. Home Depot on Monday confirmed a breach of its payment data systems in the United States and Canada. The attack goes back as far as April, the world’s largest home improvement retailer said in a statement The theft appears to have been limited to credit cards. “There is no evidence that debit…
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Consumer Borrowing Rise hits 13-year high
Paul Davidson, USA TODAY Consumers stepped up their borrowing in July by the largest amount in 13 years, a sign of an accelerating economy. Outstanding consumer credit increased by a seasonally adjusted $26 billion in July, the most since November 2001, the Federal Reserve said Monday. Economists expected a $17 billion advance. Non-revolving debt, which…
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Prosecutors target credit card thieves overseas
The Associated Press WASHINGTON (AP) — Criminals from around the world buy and sell stolen credit card information with ease in today’s digital age. But if they commit their crime entirely outside the United States, they may be beyond the reach of federal prosecutors. Justice Department officials are seeking a tougher law to combat overseas…
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