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Security NewswireCybersecurity NewsRetail/Restaurants/Convenience

Home Depot Reports Credit Card Security Breach

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September 2, 2014

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," reports Krebs on Security.

“I can confirm we are looking into some unusual activity and we are working with our banking partners and law enforcement to investigate,” Drake said, reading from a prepared statement. “Protecting our customers’ information is something we take extremely seriously, and we are aggressively gathering facts at this point while working to protect customers. If we confirm that a breach has a occurred, we will make sure customers are notified immediately. Right now, for security reasons, it would be inappropriate for us to speculate further – but we will provide further information as soon as possible.”

 "There are signs that the perpetrators of this apparent breach may be the same group of Russian and Ukrainian hackers responsible for the data breaches at Target, Sally Beauty and P.F. Chang’s, among others," reports Krebs on Security. "The banks contacted by this reporter all purchased their customers’ cards from the same underground store – rescator[dot]cc — which on Sept. 2 moved two massive new batches of stolen cards onto the market."

Read more: www.krebsonsecurity.com

KEYWORDS: cyber security data breach retail security

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