Theft at Target Leads Citi to Replace Debit Cards By NATHANIEL POPPER Citibank plans to reissue all customer debit cards involved in the data breach at.

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Presentation transcript:

Theft at Target Leads Citi to Replace Debit Cards By NATHANIEL POPPER Citibank plans to reissue all customer debit cards involved in the data breach at Target, making it the second major bank to do so since the attack was disclosed last month. The bank did not replace the debit cards sooner because it wanted to minimize disruptions during the holiday shopping season, according to a person briefed on the company’s decision who spoke on the condition of anonymity. It will begin sending out new cards soon. Target initially said that card information from 40 million customers was stolen between late November and mid-December when its in-store network was hacked. Last week, the company revised its damage estimate to include other systems, which stored the personal data of 70 million more customers, with possible overlap, including people who may not have shopped at Target recently. Experts say it was one of the largest thefts of consumer data. New York Times Jan 15, 2014

You Sleep More Than You Claim You Do By CATHERINE RAMPELL A couple years ago I wrote about how people don’t work nearly as many hours as they claim they do. That is, there’s a big gap between how many hours people estimate they “usually” work versus how many hours they log when asked to keep a time diary, especially for people who already keep long hours. (The typical person who reported having worked 40 hours, for example, actually worked about 37; people who claimed a usual week of 75 hours worked 50.) This discrepancy could be due to fuzzy memories, or a desire to sound more industrious, or both. The same problems may plague self-reports of shut-eye. A recent Gallup report, based on a survey question about how much time people “usually” sleep, says the average American gets 6.8 hours of slumber a night. New York Times January 16, 2014

Wall Street Journal January 16, 2014