Target Hit with Yet Another Credit Card Breach

Target Hit with Yet Another Credit Card Breach

September 2, 2014         Written By Lynn Oldshue

Target stores in the Stockton, California area have been victim to yet another credit card breach after the nationwide hack that happened in December 2013. This breach was on a much smaller scale, but still resulted in more than $200,000 in stolen merchandise.

The suspect in this case is Boone B. Khoonsrivong, who told investigators he was able to figure out Target’s credit card sequencing system thanks to his degree in computer science. He may have compromised hundreds of credit card accounts in a short period of time.

The scheme targeted stealing credit card information of Target REDcard customers.

“It’s important to note that there is absolutely no indication that this situation is in any way related to a breach of Target’s networks or point-of-sale systems,” Target said in a release. “Information protection is a top priority at Target and our investigations team has partnered with local California law enforcement and the local office of the U.S. Postal Inspection Service to bring charges against this individual that we believe has engaged in physical credit card fraud.”

Postal inspector Jeff Fitch said this breach was first discovered in January, around the same time as the larger hack. He said that it is “too soon to tell” if the two situations are connected.

 

 



The information contained within this article was accurate as of September 2, 2014. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


lynn-oldshue

About Lynn Oldshue

Lynn Oldshue has written personal finance stories for LowCards.com for twelve years. She majored in public relations at Mississippi State University.
View all posts by Lynn Oldshue
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