Lawsuits, government investigation follow stolen data at Target - wave3.com-Louisville News, Weather & Sports

Lawsuits, government investigation follow stolen data at Target

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LOUISVILLE, KY (WAVE) - The fallout continues for Target after millions of user data was stolen this holiday shopping season. And now the shopping giant is in full out damage control.

Target is issuing apologies and credit monitoring as lawsuits against the company are starting to roll in. This, amid calls for a government investigation.

With just two days to go before Christmas the giant data breach at Target could not have come at a worse time.

Meanwhile, some last-minute Christmas shoppers may be frozen in their tracks because of the massive security breach.

JP Morgan Chase, issuer of roughly 2,000,000 Target debit cards, has temporarily placed limits on those customers potentially impacted by the hacking.

Chase clients who shopped at U.S. Target stores between November 27th and December 15th can now only withdraw $100 a day from ATM's, their daily total spending now capped at $300.

With 40,000,000 credit and debit card accounts now considered compromised, irate customers took target to task online.

One tweet reads, "my bank account got hacked, and now, i can't finish Christmas shopping... @target anything to help?"

Other hacked customers are asking why it wasn't noticed sooner.

Two US Senators are now demanding immediate federal investigations to prevent a breach like this from happening again.

"We can get to the bottom of how Target's in store security was compromised in order to make sure that Target, in the future, and all other stores, adequately protect to consumers from this kind of devastating theft," said Senator Charles Schumer, a democrat from  New York.

Some customers in California have already filed what could become a class-action lawsuit against target, saying the chain "failed to implement and maintain reasonable security procedures and practices."

Target is offering customers free credit monitoring. Still, it's important for to check your statements for unauthorized charges.

Target said it is working with the secret service and financial institutions to resolve the problem.

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