Approximately 40 million credit and debit card accounts used by Target customers may have been impacted by a major data breach, the retailer said Thursday. Customer names along with credit and debit card numbers may have been accessed, as well as the expiration date and three-digit security code on the back of each card, the store said.
These days more credit card customers are paying their bills on time than they have over the course of the last decade.
A report released earlier today by the American Bankers Association indicates that delinquencies on credit cards are currently at an 11-year low, with only 2.93 percent of credit accounts reported past due by 30 days or more. These figures come in substantially under the 3.91 per
The US Secret Service has gotten involved in a possible security breach with a third-party payment processor that could compromise as many as ten million Master Cards, and potentially VISA.