ADT Aliquippa PA | Call 1-877-890-9230 to Order ADT Home Security Services Aliquippa PA Deals
Call 1-877-890-9230 Today For a Free ADT Home Security System When You Sign Up For Alarm Monitoring From ADT in Aliquippa, PA, Pennsylvania and surrounding areas: the #1 Home Security Provider...
By: ADT1Now
See the article here:
ADT Aliquippa PA | Call 1-877-890-9230 to Order ADT Home Security Services Aliquippa PA Deals - Video
ADT Fairfield IA | Call 1-877-890-9230 to Order ADT Home Security Services Fairfield IA Deals
Call 1-877-890-9230 Today For a Free ADT Home Security System When You Sign Up For Alarm Monitoring From ADT in Fairfield, IA, Iowa and surrounding areas: th...
By: ADT1Now
ADT Hilton NY | Call 1-866-581-7283 to Order ADT Home Security Services Hilton NY Deals
Call 1-866-581-7283 Today For a Free ADT Home Security System When You Sign Up For Alarm Monitoring From ADT in Hilton, NY, New York: the #1 Home Security Pr...
By: ADT1Get
See the original post:
ADT Hilton NY | Call 1-866-581-7283 to Order ADT Home Security Services Hilton NY Deals - Video
ADT Norwood PA | Call 1-866-581-7283 to Order ADT Home Security Services Norwood PA Deals
Call 1-866-581-7283 Today For a Free ADT Home Security System When You Sign Up For Alarm Monitoring From ADT in Norwood, PA, Pennsylvania: the #1 Home Securi...
By: ADT1Get
Read the original post:
ADT Norwood PA | Call 1-866-581-7283 to Order ADT Home Security Services Norwood PA Deals - Video
ADT Malone NY | Call 1-866-581-7283 to Order ADT Home Security Services Malone NY Deals
Call 1-866-581-7283 Today For a Free ADT Home Security System When You Sign Up For Alarm Monitoring From ADT in Malone, NY, New York: the #1 Home Security Pr...
By: ADT1Get
Read the rest here:
ADT Malone NY | Call 1-866-581-7283 to Order ADT Home Security Services Malone NY Deals - Video
ADT Springhill LA | Call 1-877-310-5363 to Order ADT Home Security Services Springhill LA Deals
Call 1-877-310-5363 Today For a Free ADT Home Security System When You Sign Up For Alarm Monitoring From ADT in Springhill, LA, Louisiana and surrounding are...
By: Get1ADT
Read the original post:
ADT Springhill LA | Call 1-877-310-5363 to Order ADT Home Security Services Springhill LA Deals - Video
ADT Lexington OH | Call 1-866-581-7283 to Order ADT Home Security Services Lexington OH Deals
Call 1-866-581-7283 Today For a Free ADT Home Security System When You Sign Up For Alarm Monitoring From ADT in Lexington, OH, Ohio: the #1 Home Security Pro...
By: Offers1ADT
Excerpt from:
ADT Lexington OH | Call 1-866-581-7283 to Order ADT Home Security Services Lexington OH Deals - Video
ADT Greenville KY | Call 1-866-581-7283 to Order ADT Home Security Services Greenville KY Deals
Call 1-866-581-7283 Today For a Free ADT Home Security System When You Sign Up For Alarm Monitoring From ADT in Greenville, KY, Kentucky: the #1 Home Securit...
By: Got1ADT
ADT Jefferson IA | Call 1-866-581-7283 to Order ADT Home Security Services Jefferson IA Deals
Call 1-866-581-7283 Today For a Free ADT Home Security System When You Sign Up For Alarm Monitoring From ADT in Jefferson, IA, Iowa: the #1 Home Security Provider in North America! Call Today...
By: Got1ADT
View original post here:
ADT Jefferson IA | Call 1-866-581-7283 to Order ADT Home Security Services Jefferson IA Deals - Video
Leading home improvement retailer, Home Depot Inc. ( HD ), after thorough investigation of the recent data breach from its payment systems, revealed that the incident impacted nearly 56 million debit and credit cards.
This makes Home Depot's data breach the second-largest one in recent times as it caused even greater damage than Target Corp's ( TGT ) massive breach last year before Christmas, where hackers robbed about 40 million credit and debit card information. However, the attack trails TJX Companies Inc's ( TJX ) cyber attack in 2007 that affected about 90 million records.
Coming back to Home Depot, the company also disclosed that the malware used in the attack has been completely removed from its U.S. and Canadian networks. Further, to step up the security of its payment systems and safeguard consumer records, the company has rolled out a major payment security project providing superior encryption of payment data at point of sale in its U.S. stores. The company also stated that it aims to extend this project to its Canadian stores at the beginning of 2015.
However, the company said that its Canadian stores are already equipped with EMV "Chip and PIN" technology that provides enhanced security. Home Depot also revealed that it is on track to roll out EMV "Chip and PIN" technology to all U.S. stores by the end of this year, ahead of the Oct 2015 deadline established by the payments industry.
Despite the disturbance caused by this breach throughout September, the company estimates sales for the third quarter to remain the same as expected earlier. Driven by third quarter-to-date results, the company reiterated its previous fiscal 2014 sales growth target of 4.8%. Nevertheless, it revised its earnings per share forecast for the year to $4.54 (from $4.52 projected earlier), reflecting year over year growth of nearly 21%.
The company's revised earnings forecast includes estimates for the expenses incurred to investigate the data breach, provide credit monitoring services to its customers, increase call center staffing and pay legal and professional services.
However, the profit guidance does not include the potential losses associated with the breach as the company mentioned that it is yet to estimate further costs that it might incur in relation to the same. These may include liabilities related to payment card networks for reimbursements of credit card fraud and card reissuance costs as well as future civil litigation and governmental investigations and enforcement proceedings.
Home Depot had begun investigating the breach on Sep 2, after being informed by its banking partners and law enforcement about the matter. Since then, the company's internal IT security team has been working with leading IT security firms, its banking partners and the Secret Service to get hold of the situation.
The breach was first reported by security blogger Brian Krebs, who sighted an attack of malware on Home Depot's systems similar to the one that had hacked Target Corp's systems last year.
Apart from Target and Home Depot, other companies, including Michaels, SuperValu Inc. ( SVU ) and Neiman Marcus, have faced system hacking issues amid increased security threats from hackers.
Follow this link:
Home Depot Steps Up Security as Breach Impacts 56M Cards - Analyst Blog