Target's credit card mess

Discussion in 'Too Hot for Swamp Gas' started by agigator, Dec 20, 2013.

  1. agigator
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    agigator Active Member

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  2. fubar1
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    fubar1 Premium Member

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    This certainly has the potential to kill their near-term financial results, but Target is too well established to go poof in the night.

    It'll be interesting to see Target's response to this, how well they fix it, handle the PR fallout and generally speaking how quickly they react and put solutions in place.

    This same thing has a very good chance of happening with HealthCare.gov.
  3. agigator
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    agigator Active Member

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    Well, now I know why there wasn't already a thread...Apparently, not many people care about this story. Then again maybe my title just wasn't catchy enough or there's not a lot to say about it.


    I don't expect Target to go poof overnight but the direct losses from this will be huge in the short run and, in the long run, the loss of trust could very well do them in, for good.
  4. OklahomaGator
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    OklahomaGator Jedi Moderator VIP Member

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    Had two people at work get new debit cards because they shopped at Target. They didn't have any problems show up so they were lucky.
  5. G8trGr8t
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    G8trGr8t Premium Member

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    Replaced a card myself
  6. DaveFla
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    DaveFla VIP Member

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    Same here... Still, would not hesitate to shop there again tomorrow... Still beats the hell out of going to Walmart.
  7. orangeblueorangeblue
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    orangeblueorangeblue Well-Known Member

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    These things do happen to occur with frightening regularity.

    That said, there is a small, small buffer of security if you used a debit card and not just a strict credit card. I use my AMEX almost exclusively for points and I got an email about an hour before I saw any news that they were monitoring unusual activity among accounts that had shopped at Target.

    Truly the best credit card company.
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  8. brainstorm
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    brainstorm VIP Member

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    Somehow this was missed when becoming PCI compliant?
  9. gregthegator
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    gregthegator Well-Known Member

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    Word of Advice...if you shopped at Target recently...should get a new credit card...ASAP...same thing happened at Sweet Bay a few years back to me...had used 2 different cards...I didn't worry...and card companies canceled w/out notice several weeks later...whilst I was out of gas at gas pump of all places...spent hours trying to straighten out...I was the one treated like a criminal....never got a legit answer...finally got replacement cards...after 4 weeks....long story short...call and get new cards w/NEW #'s...be pro-active...they'll cancel all 40 million #'s...sooner or later...beat the rush...and you'll get them much faster if you do it now...and save yourself some anger...just my 2 cents worth...1943 copper that is!
  10. JerseyGator01
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    JerseyGator01 Well-Known Member

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    Breaking news: Target's head of data security is now in charge of Obamacare.gov.
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  11. gatorman_07732
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    gatorman_07732 Well-Known Member

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    They're screwed because it's going to hit them hard with shoppers. I can't imagine a worse PR situation.
  12. channingcrowderhungry
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    channingcrowderhungry Well-Known Member

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    That punctuation made my brain hurt.
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  13. gatorman_07732
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    gatorman_07732 Well-Known Member

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    Need to go to the bank on Monday, the wife used our debit card at target
  14. icequeen
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    icequeen Well-Known Member

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    I shopped there twice but am monitoring it. I'll probably cancel the card but I wanted to wait until after the holidays - it would take too long to get a new one in right now. I never do the pin numbers, though, because I'm always worried about the whole debit stealing issue. Not that we have a flush account anyways :D Anyways, maybe the Target cashiers will get the flabbergasted look off their faces when I decline to get a Red card tied to my bank account. That 5% back is simply not worth it. Been using mostly cash lately anyways.

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