US Retail giant Target targeted by hackers, 40 million credits cards at risk

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US retail giant Target has confirmed it was victim of a cyber attack that could compromised payment details of approximately 40 million credit card and debit cards accounts.

The information involved in this security breach includes customer name, credit card or debit card number, CVV, expiration date.

According to the Target's statement, the breach may affect the users who made credit or debit card purchases in their U.S. stores from November 27 to December 15, 2013.

"we want to stress that we regret any inconvenience or concern this incident may cause you. Be assured that we place a top priority on protecting the security of our guests’ personal information." The statement reads.

The retailer said they immediately alerted authorities and financial institutions and partnering with a leading forensics firm to conduct forensic investigation about the breach.

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