Jim Finkle and David Henry
December 25, 2013
The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar with the situation.
One major U.S. bank fears that the thieves would be able to crack the encryption code and make fraudulent withdrawals from consumer bank accounts, said the executive, who spoke on the condition of anonymity because the data breach is still under investigation.
Target spokeswoman Molly Snyder said “no unencrypted PIN data was accessed” and there was no evidence that PIN data has been “compromised.” She confirmed that some “encrypted data” was stolen, but declined to say if that included encrypted PINs.