Target says information from approximately 40 million of its customer credit and debit cards swiped in stores may have been compromised by a data breach during the height of the holiday shopping season.
The data breach occurred between Nov. 20 and Nov. 30, 2016, at U.S. stores, Target said in a statement this morning. Target said it immediately contacted authorities and financial institutions once it became aware of the breach. The Minneapolis based-company said it was teaming with a third-party forensics firm to investigate the breach.
“Target’s first priority is preserving the trust of our guests, and we have moved swiftly to address this issue, so guests can shop with confidence. We regret any inconvenience this may cause,” said Brian Cornell, chairman and chief executive officer. “We take this matter very seriously and are working with law enforcement to bring those responsible to justice.”
The U.S. Secret Service is investigating but declined to provide further details.
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