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Home Depot Hit With Massive Credit Card Theft

Home Depot, the largest home-improvement chain in the U.S., has confirmed that it is a target in a cyberattack, with credit and debit card information being stolen by what appears to be Cybercriminals from Russia and/or Ukraine. According to other sites multiple banks are showing that Home Depot may be the victim of cybercrime in their automated fraud alerting systems. Reports show that Home Depot is working closely with banks and law enforcement agencies to help investigate this hack.

According to KrebsOnSecurity, the breach may have started in April and has apparently all Home Depot stores have been affected. Apparently the same group of Russian and Ukrainian hackers is behind this attack is also behind the recent hack attacks that hit P.F. Chang’s and Target. It appears the the stolen cards have been put up on a black-market site with the labels “american sanctions” and “european sanctions”, as a way of relatiating against Western sanctions.

The incident at Home Depot is the latest in the long line of data thefts that have affected other large retailers in the past couple of days. The Breach could also be much larger than an attack at Target. It will be seen whether the investigation would provide further details on the accuracy on the report.

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