Expert Offers Advice Following Target Security Breach
SPRINGFIELD, Mass. (WGGB) — Targeting shoppers. The massive breach of security nationwide at Target stores has consumers on edge.
Forty million debit and credit card numbers snatched from anyone using their plastic.
The thefts reportedly began two days before Black Friday and anyone not using cash is at risk of unwittingly sharing their personal information.
Steve Weisman is an attorney and cyber security expert. He says, “They sell this on the black market only for about a dollar per card, but that’s about $40 million and it may take a while before you see that you really have been hurt.”
So should shoppers make a beeline to cancel their cards?
“Yes, because if you haven’t been hurt yet, you’re going to be, so change your credit card number and remember, a lot of us tie it into Fast Pass or other things recurring monthly statements. You’re going to have to change all those,” Weisman adds.
A nuisance to say the least during the holiday shopping season.
At the same time, many are concerned that opening a new account could affect their credit score.
Weisman explains, “It won’t affect your credit score. It’s not like taking a new credit card and it may be overkill, but even paranoids have enemies.”
Weisman says to monitor that credit report and go a step further. “It is important to get a credit freeze on your report and monitor that credit report which you can get for free because you have been a victim of identity theft,” he says.