Target: Hacking hit 70 million customers
The data breach at Target was significantly broader than originally reported: The company said Friday that 70 million customers had information such as their name, addresses, phone numbers and e-mail addresses hacked in the breach.
The company had previously said 40 million shoppers had their credit and debit card information stolen in the weeks following Thanksgiving.
Target also said Friday that sales had been stronger than expected before its original announcement on Dec. 19 but fell sharply after the news. Target (TGT, Fortune 500) warned that sales and profits for the current quarter would be lower than expected because of that loss of consumer confidence.
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