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Alert: Home Depot data breach could be bigger than Target

Alert: Home Depot data breach could be bigger than Target
Sergey Yechikov / Shutterstock.com

Another major retailer is the victim of a massive hack that could put your personal information and your personal identity at risk. This time around, the cybercriminals targeted home improvement superstore Home Depot. Sigh.

There are clear-cut signs that the perpetrators of this apparent breach may be the same group of Russian and Ukrainian hackers responsible for the data breaches at Target, Sally Beauty and P.F. Chang’s, among others.

Banks first became suspicious when a massive collection of stolen credit cards surfaced on illegal online stores. So far, banks have found that that the cards have all come from an underground store called "rescator[dot]cc".

If this is the same group that hit Target - and more recently UPS - then they probably accessed the data by breaking in to Point of Sale (PoS) machines that are vulnerable to malware.

Here's what you need to do now:

If you have shopped at Home Depot, the best thing you can do is replace your debit and credit cards. The thieves can't steal your money if the information they have is out of date.

Watch your bank statements for suspicious charges. Take steps to protect your identity.

Even if this particular hack doesn't affect you, it's important to make sure your online accounts are as a safe as possible in case a massive attack occurs at a place where you shop. Click here to learn how to make sure your accounts and passwords are secure. It's important. Do it now.

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