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Hackers Stole 40 Million Credit, Debit Card Numbers From Target
Right in the middle of holiday shopping season, some 40 million credit and debit card numbers were stolen in a major breach of Target customer data. The thefts occurred in stores, not online. Target says it's working with a forensics company to investigate and prevent similar data thefts from occurring in the future. Security experts say one way to limit them is to switch from magnetic stripes on cards to embedded chips.
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3:48
How 'Long Overdue' Chip Credit Cards Protect Consumers From Fraud
Investigative journalist Brian Krebs, author of the blog "Krebs on Security," reviews the changes ahead for credit cards and how chip technology is supposed to keep consumers safer.
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3:49
Credit Card Nation: How we went from record savings to record debt in just two years
U.S. consumers had the highest savings rate on record in 2020 and credit card debt was plummeting. Now our savings is gone and debt is surging. What happened?
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5:15
Millions Of Americans' Wages Seized Over Credit Card And Medical Debt
One in 10 working Americans between the ages of 35 and 44 is getting his or her pay docked for not paying debts. And in most states, the law allows a quarter of wages to be withheld.
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8:42
Outdated Magnetic Strips: How U.S. Credit Card Security Lags
Thieves responsible for Target's massive data breach may have stolen information stored on magnetic strips on credit cards. Canada, the U.K. and other countries have been using more secure cards with microchips for years.
The No. 2 Boilermakers Continue High Scoring In Big Ten/ACC Challenge
Some credit card companies may be devaluing rewards illegally, CFPB says
The Consumer Financial Protection Bureau said some credit card companies may be devaluing points and airline miles illegally. NPR's Sarah McCammon talks to Nick Ewen of The Points Guy.
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3:24
For Sex Industry, Bitcoin Steps In Where Credit Cards Fear To Tread
Trying to crack down on sex trafficking, authorities have been going after online ads for adult services. Some in this industry have found a workaround to stay under the radar: cyber currency.
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3:38
Kmart Says Its Store Registers Were Hacked, Exposing Credit Cards
The Sears-owned company says it removed the malware after it was discovered Thursday. It announced the exposure late Friday, saying no personal data or PIN numbers were lost.
Major credit card companies are making it easier to track gun sales
The move will likely provoke the ire of gun rights advocates and lobbyists, who have argued that categorizing gun sales would unfairly flag an industry when most sales do not lead to mass shootings.
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