Credit Card News
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » News » Other » Home Depot Credit Card Breach Confirmed

Home Depot Credit Card Breach Confirmed

By
Add to Favorites:
Home Depot Credit Card Breach Confirmed
September
23

As many as 56 million payment cards may have been compromised by the Home Depot cyber attack making it even larger than the one experienced by Target during last year’s holiday season.

The breach occurred from April through December of this year. The malware used during the attack had been eliminated from their system. Home Depot began a major payment security project before the security compromise, but hackers beat them to the finish line. That project is now complete in the U.S, and is slated to wrap up in Canada in 2015.

The details

Since initial reports of a possible breach Home Depot locations, IT teams, along with the secret service, and banking partners, worked together to shed light on the situation.

The investigation discovered that hackers used a unique custom made malware to prevent being detected by the company’s security measures.  Servers infected with the malware were taken out of commission, and the hackers’ access to Home Depot was blocked. According to Home Depot this malware hasn’t been used in other attacks.

At this time there is no evidence that customers’ debit PIN numbers are at risk. Customers who shopped in Mexico or online were not compromised.

The Home Depot is providing customers who used a payment card at stores from April to December with free identity protection services, which includes credit monitoring.

Revamped security measures

Home Depots new payment security system locks down customers’ payment information by scrambling it so hackers can’t read it, rendering it useless. This new encryption technology was developed by Voltage Security, Inc, and was vetted by two other IT security firms.

Home Depot started launching EMV chip and PIN technology in 2013, and it is scheduled to be in all stores by the end of 2014. This rollout is ahead of the deadline of 2015 originally set by the payment industry. The technology is already used in stores in Canada.

These new security measures required creating new software code and outfitting stores with new pin pads.

Add to Favorites:

Related News:

Kmart and DQ are the Latest Victim of Hackers

By Dar Dowling, Posted: October 15, 2014

Discount retailer Kmart announced that their payment systems were infected by a new form of malware, putting consumers’ credit and debit card information at risk. This latest cyberattack began in early September and was detected on October ... Continue reading
Data Breaches Up in the Third Quarter

By Dar Dowling, Posted: November 21, 2014

This past summer 183 million consumers had to deal with the fallout from large scale data breaches at a wide variety of financial institutions and retail chains including Home Depot, Kmart and DQ, according to a new study. Continue reading
Staples Hack May Have Affected 1.6 Million Cards

By Dar Dowling, Posted: December 23, 2014

In the midst of holiday shopping Staples released a statement last week saying that an attack by hackers may have compromised as many as 1.6 million payment cards used by customers at some of their stores earlier in the year. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Get 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 12.24%-22.24% based upon your creditworthiness.
For Excellent/Good Credit
1% cash back on select purchases, terms apply
For Fair Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit