Target Now Says At Least 70 Million Customers Affected In Data Breach

January 10, 2014 3:08 PM
Target Now Says At Least 70 Million Customers Affected In Data Breach
" NEW YORK (AP) — Target says that personal information — including phone numbers and email and mailing addresses — was stolen from as many as 70 million customers in its pre-Christmas data breach. That was substantially more customers than Target had previously said were affected.

Read: Target Statement

The chain also indicated its sales have been hurt by the breach, cutting its forecast for fourth-quarter earnings and a key sales barometer.

Its stock slipped in early morning trading Friday.

UP FROM 40 MILLION

Target Corp. announced in December that about 40 million credit and debit cards may have been affected by a data breach that happened between Nov. 27 and Dec. 15 — just as the holiday shopping season was getting into gear.

But the net has now been cast wider, with more shoppers potentially impacted.

The company told customers Friday that its ongoing investigation of the breach has shown that more personal information had been stolen than it was aware of before and more customers were affected. It previously disclosed to customers that names, credit and debit card numbers, card expiration dates, debit-card PINs and the embedded code on the magnetic strip on the back of cards had been stolen "

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