Tom Ridge, first head of the made up shame from 9/11, Homeland Security, then Tom Ridge became head of Home Depot and most Mom and Pop Hardware stores were driven out of business for good!@ They stole all suppliers and made SUPER STORES, that was a take over of the middle class. The Dutch now know who made improvements to their homes, so they can take your house as well is my guess. Historic register, another big red flag to pirates who want to steal historic America. Home Depot Data Breach Far Exceeds Last Years Target Hack The Associated PressUpdated Sep 19th 2014 6:38AM Sep 18th 2014 4:57PMUpdated Sep 19th 2014 6:38AM Recent PostsMarket Wrap: More Records Fall Thanks to Good Economic NewsHome Depot Data Breach Far Exceeds Last Years Target HackOracle Founder Ellison Gives Up CEO Job, Will Be Chairman, CTOView All Posts » About Read More » × Mark Humphrey/AP By ANNE DINNOCENZIO NEW YORK -- Home Depot (HD) said Thursday that a data breach that lasted for months at its stores in the U.S. and Canada affected 56 million debit and credit cards, far more than a pre-Christmas 2013 attack on Target (TGT) customers. The size of the theft at Home Depot trails only that of TJX Cos (TJX) heist of 90 million records disclosed in 2007. Targets breach compromised 40 million credit and debit cards. Home Depot, the nations largest home improvement retailer, said that the malware used in the data breach that took place between April and September has been eliminated. It said there was no evidence that debit PIN numbers were compromised or that the breach affected stores in Mexico or customers who shopped online at Homedepot. It said it has also completed a major payment security project that provides enhanced encryption of customers payment data in the companys U.S. stores. But unlike Targets breach, which sent the retailers sales and profits falling as wary shoppers went elsewhere, customers seem to have stuck with Atlanta-based Home Depot. Still, the breachs ultimate cost to the company remains unknown. Greg Melich, an analyst at International Strategy & Investment Group, estimates the costs will run in the several hundred million dollars, similar to Targets breach. This is a massive breach, and a lot of people are affected, said John Kindervag, vice president and principal analyst at Forrester Research. But he added, Home Depot is very lucky that Target happened because there is this numbness factor. Customers appear to be growing used to breaches, following a string of them this past year, including at Michaels, SuperValu and Neiman Marcus. Home Depot might have also benefited from the disclosure of the breach coming in September, months after the spring season, which is the busiest time of year for home improvement. And unlike Target, which has a myriad of competitors, analysts note that home-improvement shoppers dont have many options. Moreover, Home Depots customer base is different from Targets. Nearly 40 percent of Home Depots sales come from professional and contractor services. Those buyers tend to be fiercely loyal and shop a couple of times a week for supplies. Home Depot on Thursday confirmed its sales-growth estimates for the fiscal year and said it expects to earn $4.54 a share in fiscal 2014, up 2 cents from its prior guidance. The companys fiscal 2014 outlook includes estimates for the cost to investigate the data breach, providing credit monitoring services to its customers, increasing call center staffing and paying legal and professional services. However, the profit guidance doesnt include potential yet-to-be determined losses related to the breach. The company said it has not yet estimated costs beyond those included in the guidance issued Thursday. Those costs could include liabilities related to payment card networks for reimbursements of credit card fraud and card reissuance costs. It could also include future civil litigation and governmental investigations and enforcement proceedings. We apologize to our customers for the inconvenience and anxiety this has caused, and want to reassure them that they will not be liable for fraudulent charges, Home Depots chairman and CEO, Frank Blake, said in a statement. From the time this investigation began, our guiding principal has been to put our customers first, and we will continue to do so. The breach at Home Depot was first reported on Sept. 2 by Brian Krebs of Krebs on Security, a website that focuses on cybersecurity. Targets high-profile breach pushed banks, retailers and card companies to increase security by speeding the adoption of microchips in U.S. credit and debit cards. Supporters say chip cards are safer, because unlike magnetic strip cards that transfer a credit card number when they are swiped at a point-of-sale terminal, chip cards use a one-time code that moves between the chip and the retailers register. The result is a transfer of data that is useless to anyone except the parties involved. Chip cards are also nearly impossible to copy, experts say. Target has been overhauling its security department and systems and is accelerating its $100 million plan to roll out chip-based credit card technology in all of its nearly 1,800 stores. Home Depot said it will be activating chip-enabled checkout terminals at all of its U.S. stores by the end of the year. -------------------------------------------------------------------------------- Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. More from The Associated Press •Market Wrap: More Records Fall Thanks to Good Economic News •Oracle Founder Ellison Gives Up CEO Job, Will Be Chairman, CTO •Mortgage Rates Surge, Hit Highest Level Since May Share You Will Turn Off Your TV Television is on its way out. And you’re going to be thrilled. Because that means... as soon as 2014, you could ditch your cable company... along with all the headaches. But that also means the $2.2 trillion entertainment industry is up for grabs. And The Motley Fool knows exactly which three companies are poised to hijack your cable provider’s profits. Our newest FREE report details everything you need to know to line your pockets as cable crumbles. Privacy/Legal Information Increase your money and finance knowledge from home Building Credit from ScratchStart building credit...now. View Course » How to Buy a CarHow to get the best deal and buy a car with confidence. View Course » View All Courses Add a Comment Sign in »Add a Comment Type your comment here *0 / 3000 Character Maximum Submit 8 20 Comments Filter by: Newest Oldest Mike How could this have gone on for as long as it did and HD was oblivious to the problem? And exactly when will HD confirm to its customer base whose card was exposed so that the potentially affected consumers can more closely monitor their credit cards? By now they have that information, but they hope that a major portion of those customers never realize that they have a claim against HD. With the frequency that these breaches have occurred over the past several years, there is no excuse for any major retailer to have not adequately protected this information. Corporate incompetency and indifference at its finest. 12 minutes ago Report abuse Permalink rate up rate down Reply PHILL AND TRISHA ..as a stockholder I call for the resignation of the ceo....before he puts blame on the rest of the companies personal.... 30 minutes ago Report abuse Permalink rate up rate down Reply 1 reply to PHILL AND TRISHAs comment Robert Smith CEOs only step down when they get a nice fat bonus, and a new job somewhere else. Nardelli, hooked up Blake before he left. CEOs never get punished thoroughly. 13 minutes ago Report abuse Permalink rate up rate down Reply Han online jobs home based part time and full time my neighbor’s step-mother makes $61 every hour on the internet . She has been fired from work for ten months but last month her pay was $17792 just working on the internet for a few hours. browse around this web-site -?-?-?-SwipeFox-- 7 hours ago Report abuse Permalink -3 rate up rate down Reply 1 reply to Hans comment Debbie Go away... 35 minutes ago Report abuse Permalink -1 rate up rate down Reply ksnowkat133 I do a great deal of shipping. I search for used boxes behind stores, I am continually shocked by what Home Depot along with other big boxed stores recklessly toss away. The other day I discovered well over 600 plastic bags of perfectly good organic potting soil headed for the landfill. It truly discusses me what I see. In regards to this story , the hackers Mark Foster is no doubt correct. Big CEO scum. 8 hours ago Report abuse Permalink -2 rate up rate down Reply 1 reply to ksnowkat133s comment Debbie I work for Home Depot. Our trash goes into a closed dumpster, customers can not go through the trash. I have never seen a store where dumpsters are accessible to customers. 37 minutes ago Report abuse Permalink rate up rate down Reply 2 replies to Debbies comment PHILL AND TRISHA lol..I have!... 29 minutes ago Report abuse Permalink rate up rate down Robert Smith How much shrink does Home Depot have every year Deb? 17 minutes ago Report abuse Permalink rate up rate down Mark Forister My guess, The Home Depot store managers are known for the mis-treatment of their employees and corporate allows the store managers to commit perjury. Management preaches that the customer always comes first and they educate employees about discounts for the customers. When a employee uses these discounts for customer following the guidelines to make the customer first, management disciplines and terminates the employess who make the customer first. This is why it is my guess that it was several ex-employees have balanced the scales. 9 hours ago Report abuse Permalink -2 rate up rate down Reply 1 reply to Mark Foristers comment Debbie I have worked part time at HD for nine years. I also work for the p.o., which is a union job. I am treated much better by the managers at Home Depot. 36 minutes ago Report abuse Permalink rate up rate down Reply mongal nation Funny thing, well not funny, but we cant fight back, 9 hours ago Report abuse Permalink rate up rate down Reply rbsalomao I shop at Lowes, so I couldnt care less. 14 hours ago Report abuse Permalink +3 rate up rate down Reply 3 replies to rbsalomaos comment Neil Gettig Why did they have all these cards on file? I can see 30 days or until payment is processed but to keep them on file? There should be a law preventing this and there would be nothing for crooks to steal! 16 hours ago Report abuse Permalink -1 rate up rate down Reply 2 replies to Neil Gettigs comment Carl Seriously? You have to wonder why they keep your credit card info on file? I suggest you dont have any cards or sharp objects for that matter!!!!!!!!!!!! 3 hours ago Report abuse Permalink rate up rate down Reply 1 reply to Carls comment drrntod You jumped on clwgeorgetowmlaw and called them an arrogant bully and an idiot for making a comment then you insult the next person by suggesting theyre crazy for making a comment. Youre an Internet Thug. Oh, and do us all a favor: Shove all of those little exclamation points you add onto your posts right up your tight lil sphincter. Take your meds too. 1 hour ago Report abuse Permalink rate up rate down Robert Smith Neil, how would Home Depot send a credit card bill to their customers if they didnt have them on file? 7 minutes ago Report abuse Permalink rate up rate down Reply Featured StocksHD +1.32 93.41 TGT +0.15 64.08 TJX -0.37 59.85 Related Tweets Retweet More Tweets Related Articles Fed Chief: American Families Need to Boost Savings How to Save More Than $1,000 by Years End Title Washing: Sneaky Used Car Scam Could Cost You Thousands Grocery Chain Pays Big Fine for Selling Recalled Products Walmart Settles False Advertising Charges on Coke Prices 5 Ways My Parents Saved Me from Spending My 20s in Debtcredit cards,cyberattack,cybersecurity,debit cards,home depot,identity theft,malware,personal finance,savings,target data breachRelated Topicscredit cards, cyberattack, cybersecurity, debit cards, home depot, identity theft, malware, personal finance, savings, target data breach Courses for You Economics 101Intro to economics. 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