Home Depot Confirms Breach of Its Payment Systems

itwbennett writes: Home Depot confirmed Monday that its payment systems had been breached, potentially affecting any customers who shopped at its stores in the U.S. and Canada since April. There's no evidence yet that debit card PINs had been compromised, the company said, though it is still figuring out the scope and scale of the attacks. Home Depot is offering a free year of identity protection services for anyone who used a payment card in one of their stores since the beginning of April.

Comments

Re:PCs are the problem

[Vellmont]

That and credit card companies are too fucking cheap to switch to chip and pin. The only reason the rest of world switched was because the companies were forced to. Not in the good old USA.
Well, you're going to start getting your (and my) wish starting around October 2015. That's the date the liability shifts. Then the liability shifts to the party implementing the least technology. So if the card issuer issues a chip and pin card, and the retailer has only swipe, the retailer is responsible for any fraud from customers with chip and pin cards. If the retailer has a chip and pin machine, but the card issuer has only swipe, then the card issuer is liable.

So essentially you're going to start seeing big retailers upgrade to chip and pin machines sometime around Oct 2015. I'm sure it'll be a slow process, with small retailers taking many years to finally upgrade. But it'll happen.