Staples confirms security breach resulting in over 1 million stolen credit and debit cards

December 19, 2014 – 9:57 PM

Nearly a year ago, Target suffered one of the largest security breaches that resulted in over 70 million credit and debit cards being compromised. At the time, Target wasn’t alone, with other retailers suffering the same fate during the crucial holiday season. Nearly a year later, Staples has also become the victim of a data breach, occurring over the past six months, resulting in over 1 million credit and debit cards being potentially compromised.

Staples has released a statement on the matter, releasing a list to the public that shows which stores were affected and on what dates the attacks occurred. Additionally, Staples is also offering free identity protection services for those affected. The service will monitor your credit, provide identity theft insurance, and a free credit report. The offer can only be redeemed by those who used a credit or debit card during the dates listed and at the specified stores.

While merchant breaches seem to have become more common in the past few years, companies are scrambling to find secure alternatives to simply swiping credit and debit cards. Although Apple has attempted to change the landscape with Apple Pay, some merchants have been resistant, creating their own standard for an alternative payment system. Both have yet to make an impact and be accepted by the a majority of the public.

Source:
http://www.neowin.net/news/staples-confirms-security-breach-resulting-in-over-1-million-stolen-credit-and-debit-cards