Home Depot Could be the Latest Retailer Hacked
Wednesday, September 10th, 2014 -- 1:22 PM
-Home Depot may be the latest retailer to suffer a major credit card data breach.The Atlanta-based home improvement retailer said Tuesday that it is working with both banks and law enforcement to investigate "unusual activity" that would point to a hack. Hackers have broken security walls for many retailers in recent months, including Target, grocery store chain Supervalu, P.F. Chang's and the thrift store operations of Goodwill.
The possible data breach at Home Depot was first reported by Brian Krebs of Krebs on Security, a website that focuses on cybersecurity. Krebs said multiple banks reported "evidence that Home Depot stores may be the source of a massive new batch of stolen credit and debit cards" that went on sale on the black market earlier Tuesday.
Krebs reported that it's not clear how many stores were affected but preliminary analysis indicates the breach may have affected all 2,200 Home Depot stores in the U.S. Several banks that were contacted said they believe the breach may have started in late April or early May.
Krebs said that the party responsible for the breach may be the same group of Russian and Ukrainian hackers suspected in the Target breach late last year.
Feel free to contact us with questions and/or comments.