Those who believe they may have been affected by the security breach at Home Depot should take steps to protect their interests. Will such services be enough to protect the interests of those affected by the breach? In many cases, proactive measures will have to be taken to protect the credit of the consumers.Ĭredit card fraud – a form of identity theft in which an unauthorized user gains access to your credit card information and makes charges to your card – can have far-reaching negative effects for the credit card holder. Home Depot has told its customers that it will provide credit-monitoring services free of charge. In addition, five states have started their own investigations. senators have requested that the federal government launch an investigation into the security breach. Since the months-long security breach at Home Depot, a recently filed lawsuit against the company contends stolen credit card information was sold online, exposing consumers to fraudulent charges on their accounts. In addition, Home Depot operates around 400 more stores in the United States and Canada than Target. ![]() Comparatively, the Target breach lasted for around three weeks, whereas Home Depot’s system was infected for approximately five months. Any individual who shopped at Home Depot and paid for purchases with a credit or debit card during that time could be negatively affected.Įxperts suggest that as many as 60 million credit card numbers were stolen during the security breach – more than the Target security breach that affected around 40 million individuals. Customers at Home Depot should be aware that their credit card information might have been compromised.Īfter a security blogger identified a breach in Home Depot’s system, the retail giant recently admitted that its computer network was compromised.Īccording to the company, the breach occurred in April 2014 and continued to affect customers until early September.
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