Target on Friday confirmed that hackers managed to steal encrypted data including encrypted PINs, as reported by Reuters earlier this week, but added that the PIN numbers are still safe and hackers shouldn’t be able to use the information to compromise debit cards. According to the retailer, the PIN information is encrypted at the keypad and it remains encrypted within the system until it is decrypted only by the external payment processing company. The PINs were encrypted with Triple DES, “a highly secure encryption standard used broadly throughout the U.S.” “Target does not have access to nor does it store the encryption key within our system. The PIN information is encrypted within Target’s systems and can only be decrypted when it is
Comments are closed.
