September 8, 2014 – “Home Depot” announced a security breach that started on April 2014. The company states that there were no evidence of PIN numbers compromised.
This situation can impact customers using the payment cards at the North American stores. The store announces that the online shoppers processing payments on the online store located at www.homedepot.com is safe from the security breach.
For the safety of the customers, Home Depot is offering a free identity protection service and credit monitoring for customers that used the payment card at Home Depot in 2014. The customers are advised to go directly to www.homedepot.com or call 1-800-466-3337 to take advantage of this program.
The CEO, “Frank Blake”, apologized for this situation in an announcement.
The Home Depot started the investigation on September 2, 2014 on the communication of law enforcement contacting the retailer and advising of the hacked payment data systems. For more information, click on the PDF file released, HOME DEPOT ANNOUNCEMENT.
The Home Depot is a giant home improvement retailer which has 2,266 retail stores across 50 states, Puerto Rico, District of Columbia, U.S. Virgin Islands, Canadian provinces, Guam, and Mexico. In 2013, The Company has sales of $78.8 billion dollars, and earnings of $5.4 billion dollars. The stock symbol for home depot is NYSE: HD.
Some History of Home Depot:
The story of Home Depot was founded in 1978. The main objective of the company was to build home-improvement superstores. The stores would house and sell many house improvement tools, accessories, hardware and more. This concept was based on the do-it-yourself model of either renovation, making or fixing house and building problems. If there is a plumbing problem, do it yourself and go to Home Depot.
The exclusive brands to Home Depot include, BEHR Paint, GAF ROOFING, Chem-Dry, Homelite, Martha Stewart Living, American Woodmark cabinetry and more.
In 2006, Home Depot also expanded into fuel centers at some stores. The fuel centers included food, diesel, and much more for convenience. This allowed for contractors with big trucks to fill vehicles. Some fuel centers also have car washes, even large enough to operate on full sized trucks.
The stock price of Home Depot was at $90.82 on the NYSE Monday, September 8, 2014.