These are not good times for Home Depot. The company’s data breach has a lot of consumers worried about doing business. If you are a customer who used a credit card at Home Depot since April of this year, there is a good chance you have been compromised. Home Depot now says that 56 million cards were affected, which is the largest breach of 2014 so far.
The company’s press release says that the malware has been completely removed from their establishments, and that they began looking into the breach on September 2, immediately after banking partners and law enforcement informed them that there was a possible problem.
Home Depot also stated that the malware was custom-built and not seen in any other known hack. So we don’t know if it was an offshoot of the malware used in the Target breach, as has been previously reported. Home Depot also says that no PINs were compromised in the breach, which is good news. From now on, Home Depot will encrypt payment data that travels through their system “to make it unreadable and virtually useless to hackers”. That should reassure their current customers. Lastly, all compromised point-of-sale terminals in the US have been swapped out and the project was completed on September 13. Canadian Home Depot locations will have their new terminals in early 2015. Let’s hope they are secure enough now to avoid additional problems.
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