Sen. Blumenthal: FTC Should Probe Target Over Hacked Cards

Monday, 23 Dec 2013 06:50 PM

By Cathy Burke

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The Federal Trade Commission should investigate whether retailing giant Target properly protected the data of 40 million shoppers hacked in a massive security breach, Democratic Connecticut Sen. Richard Blumenthal says.

Blumenthal fired off a letter to the FTC over the weekend asking for the probe, The Hill reported Monday.

“If Target failed to adequately and appropriately protect its customers’ data, then the breach we saw ... was not just a breach of security; it was a breach of trust,” he wrote.

Target said last week that about 40 million credit and debt card accounts had been affected by the breach from Nov. 27 to Dec. 15.

“Given the scope and duration of Target’s recent data breach, it appears that Target may have failed to employ reasonable and appropriate security measures to protect personal information,” Blumenthal wrote.

“If Target failed to adequately protect customer information, it denied customers the protection that they rightly expect when a business collects their personal information. Its conduct would be unfair and deceptive, and it would clearly violate the FTC Act.”

Congress would have to act to give the FTC the power to hit errant companies with penalties; Blumenthal said he'd consider legislation giving the FTC power to punish firms.

“I look forward to working with my colleagues in the Congress and with the commission" to make sure it has "all the sanction authority it needs to carry out its mission effectively,” he said, according to The Hill.

Target is already moving to assuage furious customers, offering free credit reports to anyone who thinks they may have affected by the breach — and a 10 percent discount over the post-Christmas weekend.

According to Fox News, KrebsOnSecurity reports the stolen data flooded underground black markets, selling from $20 to more than $100 each.

The news site says there are hundreds of online stores selling stolen credit and debit cards from banks worldwide.

The Target breach is the second-largest credit card hack in U.S. history, Fox News reported.

Related Stories:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Montel Williams Rips VA Bill

Wednesday, 30 Jul 2014 17:55 PM

Marine and Navy veteran Montel Williams said over the weekend he would have to read the $17 billion VA bill before comme . . .

Voice of America Worries House Bill Would Harm Integrity

Wednesday, 30 Jul 2014 17:29 PM

Voice of America officials are concerned that a new House bill to overhaul U.S.-controlled international broadcasting wi . . .

Minnesota Archbishop Won't Resign Amid Criticism on Abuse Claims

Wednesday, 30 Jul 2014 16:08 PM

The Roman Catholic archbishop of St. Paul and Minneapolis says he won't resign despite criticism over the archdiocese's  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved