How Target-Like Breaches Occur (P.S. More Are Expected)

Posted on 01/28/2014 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsMaybe you are among the 110 million Target shoppers whose payment card or personal information was hacked during the recent holiday shopping season. Perhaps you are one of the 1 million-plus Neiman Marcus customers whose data was exposed in a 2013 breach just recently announced. Been to Michael’s lately? The arts and crafts retailer is the latest well-known company whose customer payment details were reportedly stolen in the same type of data breach. How are con artists doing it — and which …

Hackers Steal Target Shoppers’ Credit, Debit Card Info

Posted on 12/19/2013 by | AARP Blog Author | Comments

Money & SavingsHackers have stolen confidential data from as many as 40 million credit and debit cards that shoppers used at Target stores from the day before Thanksgiving until December 15. The data breach reportedly extends to nearly all of Target’s 1,797 stores nationwide and involves the hacking of machines at checkout lines on which customer swipe their cards when making purchases. So far, there’s no indication that payment data was stolen concerning online purchases from Target, the nation’s second-largest retailer. News of the …

The Man Who Invented Target

Posted on 07/9/2013 by | Who's News | Comments

LegacyFrom the time that F.W. Woolworth invented the five-and-dime store in the late 19th century, Americans have always been crazy about low prices. But it was Douglas J. Dayton and his family’s Target chain of stores who sold Americans on the idea that buying inexpensive wares at a discount store could be fashionable as well as frugal. When Target opened its first store in Roseville, Minn., in 1962, a newspaper ad announced: “Here’s news for people whose taste runs to …