Target Raises Estimate of Customers Hit by Breach
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Target Corp., the second-largest U.S. discount retailer, cut its U.S. unit’s fourth-quarter forecast and said the recent security breach affected more people and more information than previously thought.
Names, home and e-mail addresses for as many as 70 million people were taken, the Minneapolis-based company said today in a statement. Target previously said credit- and debit-card data of 40 million accounts was stolen. It’s likely that the two groups overlap, though it’s unclear to what extent, Molly Snyder, a spokeswoman, said today in an interview.