Thursday, September 4, 2014

The Home Depot Releases Statement About Possible Payment Data Breach

The Home Depot have indicated a possible data breach involving credit and debit cards and are working with law enforcement and banking partners to investigate. This breach may go as far back to April or May of 2014.  A reporter, Brian Krebs, author of the blog Krebs on Security, says this data breach "could be many times larger than Target, which had 40 million credit and debit cards stolen over a three week period."  Krebs also indicates that the credit and debit cards may have gone up for sale on an underground website. Nearly all 2200 stores in the US have been affected.

In the statement released by The Home Depot on their website, they encourage you to closely monitor your accounts and reach out to your card issuer should you notice any unusual activity. They will also offer free identity protection services including credit monitoring to any potentially impacted customers.  Read the complete statement here.

You can find out more about what is data breach, how it happens and much clicking read more about data breach here.

If you have access to patient, customer, client or even tenant private or sensitive information you should have data breach plan in place and data breach recovery expense and data breach liability protection. We can help you formulate a plan from start to finish.  This coverage may already be included on your business owners policy - contact us for more information.


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