Credit-Card Hackers Break into Home Depot

By Elizabeth Nelson

Home Depot reported Tuesday that they more than likely have been the latest retailer to feel the sting of a credit-card breach at the hands of hackers, much like Target was last December.

“We’re looking into some unusual activity,” Paula Drake, a spokeswoman for the Atlanta-based company, said in an e-mailed statement. “We are aggressively gathering facts at this point while working to protect customers. If we confirm that a breach has occurred, we will make sure customers are notified immediately.”

Home Depot shares (HD:US) dropped 2 percent to $91.15 at the close in New York, the largest decline since April 7. The stock has climbed 11 percent this year.

“The criminals are getting smarter faster than the companies,” said Jaime Katz, an analyst for Morningstar Inc. in Chicago. “If it is something on the scale of Target, there is obviously significant concern.” Read more Bloomberg Businessweek

t's sad but it's a fact, mean people suck.  The Target hack, we learned later, had a specific code identifier. The code the hackers used was written in Russian, so it is believed that job was done, and possibly even this one, are being pulled off by a Russian mob.   So much for Obama's little cutesy debate joke, "the 80s are calling, the Cold War is over, they want their foreign policy back." 

Guess what, Mr. President, either you're frigid feckless personality has frozen it back up or Russia has zombified, because the Cold War is back and Russia is knocking at our door again.