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Home Depot investigates breach

Earns Home Depot

By ANNE D'INNOCENZIO

NEW YORK (AP) - Home Depot may be the latest retailer to suffer a credit card data breach.

The Atlanta home improvement retailer told The Associated Press Tuesday that it's looking into "unusual activity" and that it's working with both banks and law enforcement.

"Protecting our customers' information is something we take extremely seriously, and we are aggressively gathering facts at this point while working to protect customers," said Paula Drake, a spokeswoman at Home Depot, declining to elaborate. She noted that if the retailer confirms that a breach occurred, it will notify customers immediately.

Shares of Home Depot Inc. fell 2 percent to $90.91 in late trading.

Many retailers have had security walls broken in recent months, including Target, grocery store chain Supervalu, P.F. Chang's and the thrift store operations of Goodwill.

The rash of breaches has pushed retailers, banks and card companies to increase security by speeding the adoption of microchips into U.S. credit and debit cards.

The possible data breach at Home Depot was first reported by Brian Krebs of Krebs on Security, a website that focuses on cybersecurity. Krebs said multiple banks reported "evidence that Home Depot stores may be the source of a massive new batch of stolen credit and debit cards."

The Krebs report says that the responsible party may be the same group of Russian and Ukrainian hackers suspected in last year's massive breach at Target Corp.

Target, based in Minneapolis, 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. In its massive data breach, 40 million credit and debit card accounts were compromised and hackers stole personal information from as many as 70 million customers. The breach hurt profits, sales and its reputation with shoppers.

At Supervalu, the data breach may have impacted as many as 200 of its grocery and liquor stores and potentially affected retail chains recently sold by the company in two dozen states. The breach occurred between June 22 and July 17, according to Supervalu.

Restaurant operator P.F. Chang's confirmed in June that data from credit and debit cards used at its restaurants was stolen.

Apple, Home Depot Latest Hacking Concerns; Stocks Mixed

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uriahheep7275 September 02 2014 at 3:58 PM

This is why I stopped using debit cards.

Flag Reply +2 rate up
cars September 02 2014 at 4:00 PM

I will sure be GLAD when AOL opens up the comments in the ever growing IRS scandal, it seems the Obama admin. has relaxed the rules for the UNIONS and I just paid 34.4%, this dept. needs to be shut down!!! But wait they will be taking care of our healthcare system, this will be a JOKE!!!

Flag Reply +2 rate up
2 replies
mojo working cars September 02 2014 at 6:52 PM

You got your nickel for your post . Now go buy yourself an original thought !

Flag Reply 0 rate up
joan cars September 03 2014 at 7:39 AM

Give it a rest. The IRS "scandal" is undergoing , yet, another expensive "investigation," Obama has nothing to do with union rules, union members vote on them, the IRS doesn't administer the ACA and it can't be shut down because it provides tax dollars for the government, which most people want, and lastly, most people, even TP/Repubs want to keep their new affordable health insurance. A single payer system would have been better. Swedish citizens love theirs'. They are the most content and financially secure people in the world. What you suggest is anarchy, every man for him or herself and most of the sane world knows that is illegal. Careful what you wish for. You may find yourself in one of them there FEMA brainwashing camps. In case you don't recognize sarcasm, this is what it looks like.

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TEXVOODOO2 September 02 2014 at 9:32 PM

Maybe someone should call the FBI? No wait, they're too busy investigating a few incidents concerning some Hollywood bimbos who got their nude photos swiped.....

Flag Reply +1 rate up
b141136 September 02 2014 at 10:08 PM

Moral of the story is, it's time to go back to cash and handwritten checks and nothing electronic. Then perhaps our accounts will be safe.

Flag Reply +1 rate up
mhdjl September 02 2014 at 8:42 PM

This article gives absolutely no information about the time period involved in the breach at Home Depot. It just fills out 3/4 of the article with stuff about other retailers that were hit by hackers.

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1 reply
peteswarr mhdjl September 02 2014 at 9:24 PM

That seems to be typical for huffpo.

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fishmagic9 September 03 2014 at 8:36 AM

Home Depot is a store with very poor customer relations. The customer is subject to deception and lies. With all the horror stories I have heard in the last year this does not surprise anyone. Thier CEO fails to anawerr customer complaints or concerns.

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