Jan 312014
 

Tom Webb reports:

Two months into the Target security breach, fraud is turning up on 10 percent to 15 percent of the stolen card accounts, a security specialist says.

Based on that brisk level of criminal activity, one Wall Street analyst estimates that perhaps 5 million of the 40 million stolen credit and debit cards might have been used fraudulently — an exposure that could hit Target Corp. with industry fines topping $1 billion.

Read more on Pioneer Press.

 

Sorry, the comment form is closed at this time.