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Target Confirms Encrypted PINs Stolen

Target confirms attackers stole encrypted PINs associated with debit card transactions. The retailer says it does not have access to nor does it store the encryption key within its system. Experts say it’s unlikely that the hackers that hit Target’s network could also get their hands on encryption keys used to decrypt PINs at the processor level. Debit cards compromised during the attack will probably be at greater risk for fraud than credit cards, expert says. Financial fraud expert: “Most people don’t really understand what encryption really means and how and why it works””]

Source: https://www.careersinfosecurity.com/target-confirms-encrypted-pins-stolen-a-6323

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