Money, Fiance News, Press Release Distribution
Financial News and Press Release Distribution Services

Submit RSS Feed | About US | Contact Us

Home | Personal Finance News | Submit Press Release
Unlimited Press Release Distribution
Press release distribution service

Money News Media
Finacial Times
FOX Business

Money News Now

Reuters Money
RSS News Feed
Get your news feed listed here as other news media shown above! Submit RSS News Feed

Personal Finance News Releases

After Target Security Breach: Shoppers Advised To Take Caution

(MoneyNewsWire.Net, January 31, 2014 ) Grass Valley, California -- Grass Valley, California - During the early Christmas shopping season, November 27-December 5, it was been reported that about 40 million debit and credit card user information had been stolen from Target Stores. Target Store contacted the local authorities immediately and hired a third-party forensics team for faster resolution of the issue. Despite the security breach and reports of customers losing funds from their credit card accounts, customers continued their shopping.

Local banks enacted safety measures to protect their clients. JP Morgan and Chase issued withdrawal and transaction limits for their customers so as to prevent any illegal or conspicuous activity. Other banks monitored the accounts of their clients but did not do any as hard a decision as that of JP Morgan and Chase.

RFID is a chip that is placed on a credit card which contains all the account and client's information. With just one scan, it can be cloned and one's funds can vanish in just a few minutes. Although it has proved helpful for ease of transaction, it being so vital is also a flaw that needs to be kept safe.

What happened at Target seems to have been an "inside job". Protecting one's cards in an anti-theft card case, would not have stopped that action. But, it will keep high-tech pick-pockets from scanning your pocket or purse, picking up the RFID signal that the cards broadcast, and thereby having access to your accounts. Though these actions are different than the Target misfortune, the results to your account are the same.

There is no way to know where the hackers will strike next. But, there are some steps the individual can take that will lessen their vulnerability.

About Wylins Company

The Wylins Company promotes products for living. It is their goal to have every item from Wyllns be sensible and useful, never gimmicky or faddish. The company official website contains much more information about Radio Frequency Identification in credit cards.

Wylins Company

Jessa Wright

(530) 968-8897

Source: EmailWire.Com

Personal Finance News
  • Auto
  • CDs
  • College
  • Credit Cards
  • Insurance
  • Mortgage
  • Mutual Funds
  • Retirement
  • Savings
  • Taxes

  • Money RSS Marketpalce

    Free Finance Magazines Downloads
    Get free publications including magazines, white papers on finance, investments.
    Submit RSS news feed on Finance, Investment.
    Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily.

    Money NewsWire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | | i-Canada-News.Com | | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | | | | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    Money-NewsWire.Net - Newswire and Press Release service of GroupWeb Media LLC