In the wake of a massive credit and debit card breach at U.S. Target stores that may have exposed the accounts of as many as 40 million shoppers, the company is trying to woo customers back through the doors with a 10 percent off everything sale.
"The message I would like to leave with our guests is that we value their business, and we appreciate the trust they place in us as a company and a friend and a community partner," said Target CEO Gregg Steinhafel, in a message on the company's website.
Steinhafel said the breach, which exposed the account data of up to 40 million shoppers between Thanksgiving and December 15, has been resolved. Online security experts believe the culprits are likely operating from another country, perhaps Russia.
According to one report, millions of fraudulent credit cards have already been produced and sold to buyers on the black market, using stolen data from Target shoppers.
While the company is trying to move on from the incident, Chase Bank is warning many of its customers that their spending and cash withdrawals may be limited with their existing cards, in order to prevent fraud. The bank said many of its customers likely were impacted by the credit breach, and will need to receive new cards.
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Tuesday, April 20 2010 11:21 PM EDT2010-04-21 03:21:00 GMT
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