The recent credit card breach that took place between November 27 and December 15, 2013 affected about 40 million Target customers. Hackers stole bank information such as customer names, card numbers, expiration dates and security codes. College students can protect their credit card accounts by following some simple, but effective tips.
Credit card holders are not financially responsible for money lost as a result of the hacking. That responsibility falls to the stores and banks. Larger banks are quickly replacing customers’ compromised cards with new ones. But some smaller banks without the infrastructure or cash on hand to deal quickly with the crisis could be severely compromised if hackers take money from accounts. Read more