Sunday, April 20, 2014

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Schumer Wants Feds To Investigate Target After Security Breach

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TWC News: Schumer Wants Feds To Investigate Target After Security Breach
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Sen. Charles Schumer wants the federal government to investigate Target after the company's massive security breach.

The retailer has confirmed that credit card data for as many as 40 million customers may have been compromised by hackers.

The state attorney general's office has already convinced Target to provide free credit monitoring services to New Yorkers who may be victims of the fraud.

Now, Schumer is urging the Consumer Financial Protection Bureau to launch a probe into the incident.

"Without a full investigation as to what has happened, a full and independent investigation, and subsequent issuing of clear guidelines for stores as we go forward, there is no reason why such a large-scale breach couldn't happen again and again and again," Schumer said.

Target offered a 10 percent discount on all purchases this weekend as an apology, but some customers said that their confidence isn't restored.

"I'm kind of nervous," said one person. "I think I'll probably shop Burlington or Marshalls."

"Maybe I may rethink, 'cause I was going to Target, so maybe I might be switching it up," said another.

"No, no, no," said a third. "Target's got good sales, so you got to keep on going, but this time with cash."

Shoppers are advised to closely monitor bank accounts and credit card statements.

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