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ID Theft Concern For Consumers As Security Breach Expands Beyond Target

Evening Edition

Aired 1/20/14 on KPBS Midday Edition.

GUESTS:


Murray Jennex, Ph.D.
professor, Management Information Systems, SDSU

Beth Givens, director, Privacy Rights Clearinghouse

Transcript

The massive credit card security breach that hit retailer Target continues to expand. Late last week, we discovered that at least six more retailers across the US have been infected by the same malicious software that stole data from Target. Meanwhile, Target officials have not yet been able to calculate the cost of the security breach. The sophisticated hack compromised customers' credit card numbers, as well as names, addresses, and phone numbers. It's estimated that more than 100 million people may have been affected.

Paper vs Plastic

Privacy Rights Clearinghouse information on using paper vs. plastic

Comments

Avatar for user 'commus'

commus | January 20, 2014 at 12:32 p.m. ― 11 months, 1 week ago

Target credit monitoring offer is trash.
I have tried to register 10 times in as many days and it stops at the end with a message saying they cannot send credit report.
If you call Experian they say they cannot help after taking information.

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Avatar for user 'bikeamtn'

bikeamtn | January 20, 2014 at 8:54 p.m. ― 11 months, 1 week ago

Data Breach They Say It’s Just an ‘Inconvenience’ – Reality; It’s a Breach of Trust That Threatens Families.
Just got the Target corporate email regarding the Cyber Breach, Loss of My Personal Data and the rhetoric promise to make good (likely sincere, although was the corporate cookie cuter edition).

For starters, these words fall menacing short on relief from any insecurity and feelings of breach of trust for customers (and I do like the Target stores).
Corporations need to take peoples privacy very seriously as it is more than just an "inconvenience". That word ‘inconvenience’ flamed feelings of distrust even more as at least two CBS news reports attempted to down-play just how damaging breaches can be and how valuable ones Identity and Privacy is to the underworld. (CBS correspondent Conor Knighton and David Pogue (Yahoo Tech Columnist; both made brainless remark “it’s just an ‘inconvenience’, it won’t really hurt you.”)

Why these corporate data breaches are so threatening? Ever hear of the techie term ‘Data Mining’ - once the personal data is obtained, your personal email and/or credit account can now be targeted and hacked by attempting to use the info obtained (or variations) gathered from the first data breach. If successful (and percentages are lucrative), the perpetrators can now access your credit and credit info, skim your email looking for correspondence from banks, purchases, realtors or anything that’s pertinent to your finances and identity, even email from family and friends that now may lead to them also being targeted and it branches out from there in obtaining as much ID information as possible over a very long period where you are the one left to chase it all down to protect you and family and not because of something you did but because big business (as always) chooses to bare the least burden (and cost of protecting your world in this case – even if obligated by law) over make the most profit it can. “66% of the breaches report took months or even years to discover and 69% of breaches were spotted by an external party. (2013 Data Breach Report by Verizon and 19 contributing agencies).

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Avatar for user 'Peking_Duck_SD'

Peking_Duck_SD | January 20, 2014 at 9:55 p.m. ― 11 months, 1 week ago

This is a serious issue but I think Target is in the unfortunate situation of being the poster boy for this thing.

My guess is it's happening everywhere and we have yet to hear about it.

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Avatar for user 'Mmikey'

Mmikey | January 21, 2014 at 7:38 a.m. ― 11 months, 1 week ago

seems like they worked on covering up the extent of this for longer then they knew about it.

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Avatar for user 'commus'

commus | January 21, 2014 at 1:08 p.m. ― 11 months, 1 week ago

To me even worse was the stupid Chase knee jerk reaction. They purchase and cash advance limits in the middle of Christmas shopping. For what? Neither Chase or their customers have liability as Target publicly admitted it was a breech in their security leaving them liable for ALL losses.
I have had enough
Of the Chase paranoia after 15 years. I am going down the street to an S&L. There is not a national worth 2 cents any more. I know I worked for the nationals do 35+ years.

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Avatar for user 'commus'

commus | January 21, 2014 at 1:14 p.m. ― 11 months, 1 week ago

Sorry Bikemtn but your point is off as you are talking about situations that can only occur in the event of a data center/data base breach. In the case of the Target(et.al.) breach it is an encrypted transaction breech.
One kind is apples the other is oranges.

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Avatar for user 'RickAnderson'

RickAnderson | January 22, 2014 at 5:03 a.m. ― 11 months ago

It’s not over yet! “Target” is the beginning for them and now they start attacking on other firms! It is a time to take appropriate action yourself rather than just waiting to become victim of identity theft.

silent-pocket.com

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