Target attackers may have been foreign

|About: Target Corporation (TGT)|By:, SA News Editor

Investigators believe that the hackers who carried out a massive cyber attack on Target (TGT) were from abroad, a source tells Reuters reports, although the source didn't say from which country.

In response to the breach, in which the thieves gained access to up to 40M payment cards, JPMorgan (JPM) has said that customers using Chase branded debit cards at Target during the period of the breach - from November 27 through December 15 - will be temporarily restricted to daily cash withdrawals of $100 and purchases of $300 while the bank reissues cards. The usual amounts are $200-500 and $500 respectively.

Described as a precaution, the limits are the first from a major bank and they affect 2M accounts.