Target: Data breach caught up to 70M customers

CREATED Jan. 10, 2014

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  • CHICAGO - JULY 18: A sign is seen on the exterior of a Target store July, 18, 2006 in Chicago, Illinois. Heightened concerns that energy prices are slowing consumer spending helped to drag shares of Target down today for their biggest one-day percentage slide in eight months. (Photo by Scott Olson/Getty Images) Image by Getty Images

NEW YORK (AP) - Target says that personal information - including phone numbers and email and mailing addresses - was stolen from as many as 70 million customers in its pre-Christmas data breach. That was substantially more customers than Target had previously said were affected.
   
The chain also cut its fourth-quarter adjusted earnings forecast and outlook for a key sales barometer.
   
Target had announced in December that about 40 million credit and debit cards may have been affected by a data breach that happened between Nov. 27 and Dec. 15 - just as the holiday shopping season was getting into gear.
   
The retailer said Friday that the personal information stolen is not a new breach, but was discovered during its ongoing investigation.
   
Target Corp.'s stock fell in Friday premarket trading.

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