Could the Home Depot Breach Exceed the Target Breach?

The Home Depot—It’s the latest company investigating a possible data breach in which hackers may have stolen credit and debit card information from consumers at all of the home improvement stores locations. That’s 2,200 U.S. stores.

If the majority of the Home Depot stores were indeed hacked, this breach would exceed the Target data breach, which involved 40 million accounts in three weeks. Target said last month that its breach cost $148 million—and if the Home Depot Breach is larger than the Target breach, it’s going to cost them big time.

According to experts, the attack is similar to the one Target experienced. The hackers likely installed malicious software on the Home Depot’s point-of-sale cash registers, which enabled them to steal bank account information, names, card expiration dates, and other data.

While it is still unknown whether or not Home Depot actually was breached, customers of the store need to pay close attention to their bank, credit and debit card accounts and should report any suspicious activity to their bank.