(WALL STREET JOURNAL) — A large data breach at Home Depot Inc. has started to trigger fraudulent transactions that are rippling across financial institutions and, in some cases, draining cash from customer bank accounts, according to people familiar with the impact of the hacking attack.
The fraudulent transactions are showing up across the U.S., as criminals use stolen card information to buy prepaid cards, electronics and even groceries, these people said. In some cases, the fraudulent transactions have been tracked to batches of cardholder accounts that are tied to specific ZIP Codes, they said.
Financial institutions are also stepping up efforts to block the transactions by rejecting them if they appear unusual.
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