been no successful breaches of healthcare.gov. if we wanted to do a bill to strengthen privacy, i would do that. i think that is one of the most important things we can do. but if you look at the details of this bill, there's nothing here that furthers consumer notification or consumer privacy. first of all, there's no exemption or consideration of law enforcement. what if law enforcement found a potential breach and needed to investigate it? what if they needed more than 48 hours to make sure that in fact there was a breach before they notified people? consider the harm that would occur if law enforcement did not have enough time and resources to fully investigate a security breach before it went public. the consequences of incorrect notification could make the problem worse. secondly, based on how the bill is drafted, if there is a data breach in this state that's chosen to run its own exchange, like my home state of colorado, h.h.s. seems to bear an unnecessary burden of reporting the breach in the state exchange having nothing

been no successful breaches of healthcare.gov. if we wanted to do a bill to strengthen privacy, i would do that. i think that is one of the most important things we can do. but if you look at the details of this bill, there's nothing here that furthers consumer notification or consumer privacy. first of all, there's no exemption or consideration of law enforcement. what if law enforcement found a potential breach and needed to investigate it? what if they needed more than 48 hours to make sure that in fact there was a breach before they notified people? consider the harm that would occur if law enforcement did not have enough time and resources to fully investigate a security breach before it went public. the consequences of incorrect notification could make the problem worse. secondly, based on how the bill is drafted, if there is a data breach in this state that's chosen to run its own exchange, like my home state of colorado, h.h.s. seems to bear an unnecessary burden of reporting the breach in the state exchange having nothing

this is one of the largest breaches we have seen in history. and the payday for this, 40 million cards or 70 million you each one is charged $10, that is still billions of dollars. they probably had access for a much longer time, which means more people have been compromised and what are being reported right now. >> this is seriously incredible. of course, we are going to continue to follow the story. david kennedy from cleveland. thank you so much for weighing in. well, facebook is ending its storiesrsial sponsored ads. what does that mean for privacy ? ♪ >> welcome back to "bloomberg west." i am emily chang. the obama administration is contractor main ip responsible for building the healthcare.gov website. cook has more. obviously, there have been so many problems with the website, but it is getting better. why change now? wakes the administrate -- >> the administration is still not happy with the way things are happening with the website or with the rollout october 1. company that is a subsidiary of canada's biggest technology firm. it won t

there are stunning new developments in the target security breach. the retail giant now revealing that massive breach that we've been reporting affected possibly as many as 70 million more customers than previously reported. we're live in los angeles with the latest on the story. dominic? >> reporter: it just gets worse and it appears that we might have two separate data breaches at tar fete now. original tore get said that the pin numb berps of some 40 million customers had been breached but not the three digit ccv numbers on the back of the cards. now target is admitting that the names, the phone numbers, e-mail addresses and street addresses may have been stolen. that would make it up to 110 million people affected. >> what, 70 million they're saying now. i don't know how they can go through all of that information but i'm sure i'm part of that. >> i did have to close my account down and receive a new credit card for the account. >> it still is scary because you don't know if these criminals are getting your personal information and now they know

"we're not sure the extent of these breaches and how many are actually silent breaches. what i mean by that is there's some companies that don't say anything when they've been breached." the cause of the target breach itself remains a mystery... leaving open the possibility target may name its vendors as defendants -- now that customers are filing suits to recover damages. money-news said a target research note from last month identified vantiv as its transaction processor... t-d bank group as its card issuer... and merchant services handled by a joint venture with bank of america and kkr & company. "the question will really be how that's split among the different parties involved, and how is ultimately responsible for various aspects of the data breach." experts say it could take years for the full extent of the breach to be felt.today target sent an email offering one year of free credit monitoring through an experian product to all its u-s store customers. the better business bureau is out this morning with its list of the top ten scams in 2013.starting with. companie

if you look at data breach and data breach information to. 86 percent of breach victims were novemberedebody else. so i think that is the important part. i think where allan is going. with the red flag portion i think it's a big part. getting us a point and perspective internally to see and then understanding the landscape outside of us and pushing it back in. i will say the representation i liked was don't use social security numbers -- and yet, you know, health care.gov and filling tout i think sometimes you get get around it. there's an important point make with regard to how we build systems. the social security numbers absolutely critical. we need them and we have to use them. we have to treat them as an identifier. you know me as allan freeman. that's not a secret. at least i hope it's not. the distinction is that we've also decided to say, well, it's also an authenticator. we use the same thing as an identifier have the computer looks you up. in a system and there's only one you. there are many john smiths. there's -- there's a wonderful study that went from taking a picture of y

up to 110 million people now impacted by target's security breach. what it all means for the retailer. >>> and defying gravity. shares of a little-known biotech are doing something few if any have done before. gaining more than 370 points in just two days. why is the stock taking off and is it justified? we have all that and more tonight on "nightly business report" for this friday, january 10th. >>> good evening and welcome. a reality check from the labor department. only 74,000 new jobs were created in december, far fewer than the roughly 200,000 kmicht economists expected. a real disappointment. it's raising concerns now about whether this is a one-time miss or a sign of a real slowdown in job growth. hampton pearson has more on today's jobs report and what it means for the economy. >> reporter: december 2013 was the weakest month of hiring in three years. after averaging 214,000 jobs per month from august through november, the economy generated just a third as many new jobs in december. lead, economists were shocked. >> i wouldn't pay any attenti

or security breach. what is wrong with that? >> what is wrong with that, john? >> the problem is this is not a partisan issue. these guys in washington, d.c. can't run a one-car parade. look at the $500 million website they built to outsource to the canadian company, be i the way. they may be good at hacking into government data. target has bn punished. sales are supposed to be flat for the fourth quarte they are down two-and-a-half%. when you talk about a market company, that is significant. i agree with the bill. they talk about the penalty phases. as far as putting more regulations in place, this congress knows nothing about this. >> jonas, what do you know about this? >> first of all, evy company is a target or a disney mcdonald's. the market would fix it. there is a lot of companies handleing your data that have no brand that will get lost. they will not know they were hacked, first of all. there is an area, it's actually government underreach, the government spent so little in this area to standard

neiman marcus also getting breached.le retailer confirming it was a victim of a cybersecurity breach in mid-december. an undisclosed number of customers' cards were compromised in that one. sue herera moderated a big panel at the retail federation conference yesterday. the nrf calling for tougher security standards that could mean more spending for the industry at its banks and business partners. just how vulnerable are businesses to hackers? basically anyone with an internet connection can be at risk. david duragios is vice president at burns and wilcox, a specialty insurance wholesaler, and they sell hacker insurance. david, what is hacker insurance? how much does it cost for a typical company? >> hacker insurance is commonly known as cyber and privacy liability. before we even get into identity theft, it's all about the post-breach response services. everything we have seen target do in wake of the breach, bringing in a forensic team to help identify the size and scope of the breach, having a team draft notification l

has the capability to identify a breach. the thing that is of most concern to me is that there aren't lots of industry and give government organizations that don't have the capability to do that. >> target, neiman marcus is always in the news now. be recalled heartland payment systems data breach back in 2008? >> yes spent at least from some effort 100 reform and credit cards exposed to how about tjx companies in 2006, 94 men credit cards exposed? epsilon which exposed e-mails of millions of customers, over 186 ritchie change. sony playstation network, over 77 million playstation network account exposed to all private sector, yes. >> yes. >> the private sector invest billions of dollars a year trying to protect? >> yes. >> has to be on the cutting edge in order to defend against? >> yes. >> are you aware of sometimes the house of representatives has voted to cut funding or repeal the affordable care act speak with i am not. >> does the number close to 50 seen accurate do you? >> unfortunate i just don't have that. i can talk

the breach affected even me. this past friday somebody used my car at a bunch of wal-marts in the boston area. here is a selfie. a microwave i had to buy the day after thanksgiving. i had to go and buy it because mine blew up. i don't always wear red or work at target but i'm here today. here to talk about the whole target situation and jobs numbers, charles, what do we make out of this situation? almost one out of four had their personal information compromised. >> it's the unmitigated disaster. the sad thing is, it's probably going to get worse. i have a lot of problems with it. u.s. corporations need to start investing money. there are great services out there, products out there, spend the money to protect our information. then when there is a breach, don't give me the rosey scenario. to your point, 30 million more. today they said the time line might be different. not the window they gave us. if the time line is wider -- >> apparently a digital code on the back of the card, a different kind of swipe system t

the possible breach. but what's unclear is the time frame of when that breach happened and that's what they're still investigating. now, nieman marcus alerted police. they went and are now working with secret service and a forensic team. that forensic team determined on january 1st that a breach did happen and that nieman marcus was the victim of a cybersecurity breach. what that means is that customers could be the victims. credit card information may have been compromised and nieman marcus is saying they're not sure how widespread this is yet, but they will contact customers who they believe their credit card information has been used fraudulently. they released a statement today saying we have begun to contain the intrusion and have taken significant steps to enhance information security. and of course, security breaches and credit card information being taken and stolen is something we're hearing a hot about. this comes right on the heels of target. >> and target, too, is now revealing more about what

retailers breached during the holiday shopping season. three other well-known retailers were hit with smaller breaches than the one that hit target using similar techniques. walmart tells cnbc it did not suffer any security breaches over the holiday, so we can cross that one off the list for that. >>> meantime, back to becky with a lot more news on target. >> thank you. target first announced that massive security breach on december 19th. the details have come out slowly with the first disclosure zoo citing 40 million customers using debit cards or credit cards in the stores. later it came out that pip numbers were compromised and now up to 70 million additional customers had their personal information stole enas well. what does market know? i asked the chairman and ceo gregg steinhofel. >> we are in the middle of a criminal investigation and can only share so much, but as time goes on, we'll get to the bottom of this. we are not going to rest until we realize what happened and how that happened. clearly, we're accountable. and we're resp

max their breach happened six years ago. americans think everybody is protecting themsves but nobody is protecting me. at the end of the day a hearing is nice but when will you do something? >> we have to figure out what we need to do. first we have to protect the consumers with their personal identifiable information that is a dangerous combination. are their systems able to stop these? now what can we do more? and at what point in time is appropriate to notifthe consumer? that is the trigger point. when can say provide the informatnto the consumer that their information has been obtained by somebody else so they can protect themselves? >> garett is laws on the book about battle ready. by the time you aae notified with the damages done. mean the protections before the hacker starts. not after. civic the potections have to be there. of chip and pin can help with that. gerri: i hope in have been sued. we look forward to your hearing. thank you for coming on. to drop the ball? we don't know wi more on this president and ceo of

full breaches of personally identifiable.t do these bad guys operate? how quickly do they break through a security system once it's been put in place? >>some of these events are long term persistent threats which could take years to get in. the important part is once they've found out how to do it they recreate that incident across multiple facilities. so it could be days or weeks or hours in some cases where they hit another facility. >>so what do we do? it makes me feel like i want to go all cash and forget credit cards altogether. what kinds of proactive steps do consumers need to be responsible for doing? >>not a bad idea but nobody can get rid of all of their credit cards. having credit cards that you use online that have lower limits so that if it is breached information isn't stolen. creating separate user id's and passwords across all of your individual accounts. don't have the same one everywhere because as soon as they hack it once, they can use that information to go somewhere else. >>one more thing. >>antivirus on

it will be breached. i think from my perspective i was a medical doctor before, i think when you throw in the health care part of it, it becomes very personal to people. i mean, i understand evil out there in my district are concerned about the department of defense being hacked. maybe a few people. when you start talking about potential for information that they perceive whether it's real or whether it's perceived is personal information, i think all of us in hearings like this and across government, in the administration, in both political parties need to recognize the fact we need to do whatever we can to regain the confidence of the american people that we are protecting their personal information the best we can do even though i do recognize the website itself doesn't have it on there, it does have a portal for people who are smart can potentially access that. this is one of the biggest problems in electronic medical records that we have. my medical practice establish an electronic medical record in

as i mentioned before, verizon's 2013 data breach investigation, 600 publicly disclosed data breaches. these are just the ones that are publicly disclosed. now, the personal data privacy and security act requires companies that have databases with sensitive personal information on americans establish and implement data privacy and security programs. the bill would also establish a single nationwide standard for data breach notification and require notice to consumers when their sensitive personal information has been compromised. it would provide for tough criminal penalties for anyone who would intentionally and willfully conceal the fact that data breaches occurred. that breach causes economic damage to consumers. this requirement to have to publicly disclose it is also going to make companies want to have far better security than many have now, and protecting the privacy rights is of critical importance to all of us, regardless of party or ideology. we hope that all senators will join with us. i would ask consent that a copy of the bill be included in the record at the completion o

and breaking news for you on the target data breach. arrests made just a short time ago on the mexican border that could be related to the threat of your personal data. and championship sundays, winners and losers. also included, nebraska's biggest city and pants with pleats. we'll explain why. >>> hi, everyone. i'm gretchen carlson. welcome to "the real story." despite a new threat from islamic militants and two bombings in the southern city of volgograd that happened last month. putin is saying he's deploying 40,000 police and special services, service officers, that is, to keep athletes and the tourists safe. this as an intense man hunt is reportedly underway for the widow of an insurgent believed to be in sochi as part of a plot to target the games. but despite all of this, the u.s. is planning to send relatively few security experts to russia. jonathan hunt joins me now live in studio. how serious is this threat? >> u.s. officials are taking it very seriously. one of the concerns here is there will be thousands of americans in soch

it's not about breaches of our personal information. we could solve that. a big chunk of it by bringing h.r. 15 to the floor of the house. it's not really about improving our competitiveness by removing unnecessary e.p.a. regulations. it's about risking the health of our families. we need to focus on rebuilding our infrastructure, fixing our broken immigration system, and making sure that we can protect the health of the american people, not jeopardize it. i reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from texas is recognized. mr. burgess: i had he' now like to yield four minutes to the gentleman from georgia, doug collins. the speaker pro tempore: the gentleman from georgia is recognized for four minutes. mr. collins: thank you, mr. speaker. it's new year, we come down and begin this week and i have made a commitment and i think. of us do, resolutions on what are we going to do for the new year, you always try to learn something new. today has been a busy day with meetings and other things i have learned a

>>darya: new details on the data breach with luxury retailer neiman marcus. a spokesperson for the company says it's working with the secret service to try and catch the hackers who stole some of the customer's credit card information. the information was compromised around the time thieves got a hold of target shoppers information. neiman-marcus won't say just how many customers may be affected. coming up on the kron4 morning news. gem and--jim beam and makers mark are popular american brands but they're not american-owned anymore. plus a river rescue turns deadly and chicago will lead fire crews into the freezing cold waters below. and there's a new way to find out whether your beauty products contain any potentially harmful chemicals. we're new to town.ells. welcome to monroe. so you can move more effortlessly... we want to open a new account: checking and savings. well we can help with that. we tend to do a lot of banking online. you play? yeah discover a mobile app that lets you bank more freely... and feel at home more quickly. chase. so you can. welcom

data breaches. is small in terms of personally identifiable information. some of them were very large. it was a 42% increase from the year before. it was a 100% increase from the year before that. i would like to play a video clip from a presentation given last year. let's go to that if we could, mr. chairman. [video clip] a -- 95% of those are unique. it up. look fairfax county, it is easy to find people. you can match them to our database. at present, we allow any federal employee to gain access. i am not sure that our vision would be that only federal employees can look at data. that is probably not enough. mr. avery states that the information included in the easily reverse engineered. will bee troubling, it available to any federal employee in the country and possibly others. there is a concern about consumer privacy in this case. i don't believe the project should move forward until the issues are adequately addressed. from your standpoint, you are weighing the assumed benefits of the database

smaller breaches took place at three well-known retail stores. they are yet to make an announcement about cyber attacks. in most cases credit card companies and banks are forbidden from naming merchants affected by attacks unless the merchants disclose the information themselves. some states require companies to contact the customers when the information is exposed. to do our own checking on additional retail cyber attacks we reached out to bloom iping dales, lord&tailor and macy's and gapp. gapp owns banana rub public and others. none returned or commented except for macy's who said: >> so far target and neiman marcus are the only retailers coming forward admitting their networks from hacked. target came forward after a cyber blocker discovered it. neiman marcus waited weeks. many believing that it could hurt their business. al jazeera reached out to visa and mastercard to see if the cases are linked. >> the president of target told c n.b.c. that the company promises changes in the security measure in light of the breach. the company doesn't ful

we're seeing other breaches come out over the last two weeks. so the question is, are these correlated attacks? do they have any type of merit to say that hackers are targeting the retail industry to try to get this credit card information and identify the information from the consumers. >> woodruff: do you have reason to be that it could be -- the attacks originated from the united states. >> we think it occurred outside of the united states with the secret service involved in the investigation. i think it bought puts it more paramount to the fact there's nor scrutiny to the hackers being outside. we're also seeing some thoughts that the hackers are starting to spread even beyond what we thought from just targets to other retailers and i think that correlated attack and the mass i have had amount of records definitely speaks to a hacking community outside of the united states. >> nicole perlroth, since we heard about this, e-mail addresses stolen and credit cards stolen, have we had any reported incidents of fraud where people have taken and us

still this breach could lead to i.d. and bank account theft. often people use the e-mail address as the user i.d. on other accounts. >> potential liability and damage to yahoo brand a lot of people hurt is im measurable. >> breach is now the second problem for yahoo in two months. in december the company had a massive e-mail outage that lasted for days. many yahoo e-mail users didn't even know about the compromised accounts. no official notification went out to all users. >> i think that's negligence on their part. >> to not tell you about it. >> to not say anything. >> i use it for everything. i'm really concerned. i'm worried that people l have all of my data going back years. >>reporter: this honk time user changed her password on the spot. experts recommend everyone do the same. in the south bay, lisa, abc 7 news. >> new details tonight. teenager convicted of stealing celebrity chef guy fierro i lamb borrow begin once investigated with murder of elderly tim ron woman. wade was sentenced to prison today. this is the booking photo. will spend

it's not all the data breach there. there is cause for concern in target if you're an investor so follow the details closely. mandy? >> a lot of questions there. there are still so many unknowns. courtney has thrown up a lot of them. there are a lot of them surrounding this breach. let's get to eamon javers, who has been working that side of the story. all these unknowns, for example, who is behind it, why is it taking so long for us to find out all of these details that are coming out in dribs and drabs. give us what you know. >> reporter: this is a cyber-whodunnit. i have been talking to experts throughout the morning. a lot of them watching this very closely. it can be maddeningly difficult for big companies to figure out what happened to their data and who might be responsible for an attack like this. part of it is because the detail that we have is just really not enough to get a sense of where this attack might have come from. for example, we don't know for sure at this point whether or not this was an insider ins

the target data breach is thought. our credit expert will be here to answer your yourself. soon gmail users might start getting e-mails from people they don't even know. but -- we'll show you a way will run on the way to turning offshore we can female announc female announc get beautyrest, posturepedic, even tempur-pedic mattress sets, at low clearance prices. save even more on floor samples, demonstrators and closeout inventory. the year end clearance sale is on now at sleep train. ♪ your ticket to a better night's sleep ♪ if you use google plus. you could soon be getting more email from strangers. google announced a new feature this week. it lets strangers to email your google-plus account without having your address. it won't give out your e- mail address. but when a gmail user starts typing in the address box. it'll popup names of people in the google plus network. gmail customers not interested in being included in this feature. can opt out completely. just go to your google plus settings, and change the 'email under google plus' feature to "no one". still ahead. a fer

you heard about the target data breach, right?ting millions of customers and then the neiman marcus data breach. as kilmen kilmeny duchart repor. >> target and neiman marcus stores. this after reports show that this may have happened to three other u.s. retailers. congress wants to know why u.s. shoppers are the last to know. when target was breached they waited four days to tell customers. similarly, neiman marcus waited nine days after telling their customers, while 46 states have laws on data breach notification they are not uranium, in some cases they were weak. they leave it to cd companies to decide when it's necessary. as was the case with target, other personal information is left at risk. the new york attorney general's office gave this statement. data breaches like this can make consumers vulnerable to identity theft and other crimes that can have devastating effect on their financial security. i will continue to work with my colleagues and other attorney general offices to make sure that new yorkers can shop without fea

the target security breach now putting up to 110 million customers at risk. tonight we're learning it's not just your credit card data, what new personal data they took. >>> touchdown. the 49ers in north carolina tonight as they prepare for sunday's game against the panthers. we're there with the latest as the team chases the championship! >>> two people are dead, and we are live at the scene. we have the latest details in this breaking story. >> reporter: some sort of hoarding type of situation might have made the firefighting efforts more difficult. let's take some video we shot a short time ago. the fire department got the call about 7:15 and arrived on scene shortly after that. they attacked the fire from the outside but when they tried to make entry into the home it was made more difficult because there was so much stuff that was in the way. >> a lot of newspapers and boxes and that sort of thing in the home. we did eventually make it into the home and put the fire out in 10 or 15 minutes. >> reporter: the investigation is early. it's ongoing. that point

still this breach could lead to i.d. and bank account theft. often people use the e-mail address as the user i.d. on other accounts. >> potential liability and damage to yahoo brand a lot of people hurt is im measurable. >> breach is now the second problem for yahoo in two months. in december the company had a massive e-mail outage that lasted for days. many yahoo e-mail users didn't even know about the compromised accounts. no official notification went out to all users. >> i think that's negligence on their part. >> to not tell you about it. >> to not say anything. >> i use it for everything. i'm really concerned. i'm worried that people l have all of my data going back years. >>reporter: this honk time user changed her password on the spot. experts recommend everyone do the same. in the south bay, lisa, abc 7 news. >> new details tonight. teenager convicted of stealing celebrity chef guy fierro i lamb borrow begin once investigated with murder of elderly tim ron woman. wade was sentenced to prison today. this is the booking photo. will spend

still this breach could lead to i.d. and bank account theft.en people use the e-mail address as the user i.d. on other accounts. >> potential liability and damage to yahoo brand a lot of people hurt is im measurable. >> breach is now the second problem for yahoo in two months. in december the company had a massive e-mail outage that lasted for days. many yahoo e-mail users didn't even know about the compromised accounts. no official notification went out to all users. >> i think that's negligence on their part. >> to not tell you about it. >> to not say anything. >> i use it for everything. i'm really concerned. i'm worried that people l have all of my data going back years. >>reporter: this honk time user changed her password on the spot. experts recommend everyone do the same. in the south bay, lisa, abc 7 news. >> new details tonight. teenager convicted of stealing celebrity chef guy fierro i lamb borrow begin once investigated with murder of elderly tim ron woman. wade was sentenced to prison today. this is the booking photo. will spend the

the breach of contract claim bring, the routine breach of contract claim you so weis a state law claim don't have a quarrel with count usesf this claim which minnesota contract law to interpret the express terms of the contract. count two says even if the contract gives the parties absolute discretion we are going superimpose a duty of good faith and fair dealing and to complete the answer, since minnesota has adopted the restatement, the restatement suggests that the way you find you exclude the possibility of bad faith based on community standards of fairness and decency and at the point you're applying community standards of fairness and to me quiteeems clear that you are not applying the party's self imposed undertakings but something else. >> you could say it is assumed contracties to a comport with community standards of fairness and decency. you know, you can wiggle to there if you want. >> you could try to wiggle there my point would be, the way to wiggle there is interpreting the express terms of the contract. an implied covenant is different. if you step back and think about

it's still suffering from one of the biggest security breaches in retail history. and now the company's ceo is apologizing to customers for the cyber attack on their credit and debit card information as he tries to reassure shoppers that it's safe to come back to his stores. becky quick has more. >> reporter: this is the first time that target's ceo, gregg steinhafel, has spoken publicly about the breach that at the high-end investments affected as much as a third of the american population. his tone was one of contrition and apology. >> i found out on sunday. sunday was really day one. it was in the morning. >> reporter: what was the day? >> december 15th. and that was the day that we confirmed that we had an issue. and so our number-one priority was do the right thing for the guest. so it was about making our environment safe and secure. we work very hard on that. by 6:00 on that, our environment was safe and secure. we eliminated the malware so we were confident come spoog monday guests could come to target and shop with confidence with no risk. monday was about

target is now saying its sales have been hurt by the breach.are cutting their fourth quarter earnings and sales and warned that their fourth quarter financials may include charges related to that breach, so the ceo, obviously, in the hot seat. they say they are truly sorry customers have been able to endure this and customers will not be liable for fraudulent charges that occurred as a result of the breach and offered a year of free credit monitoring and identity theft protection to customers that shopped at target stores. you have three months to enroll in that program, so we're getting more details. it's obviously a developing story, but that's what we know so far. >>> on a much less serious note, apparently, the polar vortex was good for love, because temperatures dropped, online dating went up. >> who wants to be alone in front of a nice crackling fire, chris? i certainly don't. so zoosk, that's a dating app, saw a massive increase in new members and messages during the so-called polar vortex in many of the cities hardest hit by this cold w

the creator is a 17 year-old russian teenager the new york times says reporting the security breach at neiman marcus started last summer, months ago. we have chairman of the commerce manufacturing and trade subcommittee that is a holding of hearing on the breach next month. we just heard as many as six national retailers may have been hit exactly like target what do you think of that? >> it is massive. this is a very dangerous, a sophisticated malware that is in the hands of russian criminals and the kids. i want to compliment target. not only has this complicated now sixthers are currently endure attack but yet they are the obama and stews stand up to talk to us and congress while others walsh. i appreciate that gerri: they will appear at you're hearing but i am not pleased with the target by a long shot. they have known for weeks the and weeks there were problems and did not alert consumers. that is not acceptable. >> neither did the others. since our investigation what we are told, especially by the investigators that they don't want to have the information released too soon because

. >> this woman is living a credit nightmare because of target's security breach. you don't even have to have shopped at target to be at risk. >> should be talking about rainfall in january. we're not. we are talking about a red flag warning. fire danger going up right now in the north bay mountains. a live look outside. even the coast, another day in the mid-60s with sunshine. any signed of a change -- any sign of a change, any sign of rain? the answer coming up. >> grab your boards or the binoculars. mavericks is a go. the epic conditions some of the world's best surfers will be up against. ,, oakland raiderettes is suinr own team for playing unfair. >>> new at 5:00 a member of the oakland raiderettes is suing her own team for playing unfairly. the cheerleader claims the club is violating several california wage and employment laws. kpix 5's len ramirez on her allegations. >> reporter: lacy who described herself as a married stay-at- home mom signed on as a raiderette cheerleader for 2013 and was filled. >> i had an opportunity to dance in front of raider nation

>> no. >> no security breaches. >> there have been no breaches in the sense of anybody attacking the site and being -- >> there have been no incidents of people attacking -- >> no. >> that's what you said. >> no. well, because you interrupted me, congressman. no, there have been no successful attempts where anyone has been able to attack the system and penetrate it. >> that's contrary to what we've heard in other testimony and what is widely known in the media. >> mr. chairman, i respectfully disagree -- >> claiming my time. claiming my time. what is the difference in, in your opinion, between a security incident and a security breach? >> you could have a security incident where because of an error or mistake or somebody said -- sent something to the wrong place. which was a isolated specific situation. >> a breach. when i hear breach. >> how do you relay it back to the testimony we've heard before the energy and commerce committee where security was never factored in and tested prioring to setting up the website. can you promise the american people today, right now, that their perso

the game. >>> a data breach spreading par wider than we thought.ick you into getting more information. and chris christie in damage control. could the bridge scandal impact his future political aspirations? >>> e we begin with a state of emergency for 300,000 people in west virginia who have been told not to use their tap water. officials just wrapped up a news conference saying it could be days before it could be safe to drink the water. nine counties are in the middle of a dangerous situation after more than 7,000 gallons of a tox toxic chemical leaked into the ground water. there is some good news. fresh drinking water is arriving by the truckload. 16 tractor trailers sfrent tsen from the department of homeland security arrived. first of all, have officials offered any type of timeline as to when this could be cleaned up? >> no, kyra, there is no end date. and actually we want to play for you a little bit of the press conference that jeff mcentire, who is the president of west virginia american water, held just a short time ago. he explained why

aaron gilcrist is at the live desk. >> this breach was much larger than target first thought. more people and more information apparent bely impacted here. the retailer's investigation determined up to 70 million customers had information stolen. originally target said about 40 million shoppers credit and debit card information was taken. now target says names, addresses, phone numbers, e-mail addresses, all of that was stolen. most of the data partially, the company says, and plans to notify customers who it can e-mail. this breach does impact people who shopped at the store on the 27th but the expansion of the head count includes people prior to that time period as well. target stressing that customers will have zero liability for any phony charges that might pop up and they're offering a free year of credit monitoring. we put information about that, about signing up, on our website, nbcwashington.com. barbara? >> thank you, aaron. >>> a developing story. the national guard is helping more than 100,000 people in west virginia after a chemical spill contaminated the water sup

the breach of contract claim that you bring, the routine breach of contract claim you bring is a state law claim so we don't have a quarrel with count one of this claim which uses minnesota contract law to interpret the express terms of the contract. but count two says even if the contract gives the parties absolute discretion we are going to superimpose a duty of good faith and fair dealing and to complete the answer, since minnesota has adopted the restatement, the restatement suggests that the way you find good faith is you exclude the possibility of bad faith based on community standards of fairness and decency and at the point you're applying community standards of fairness and decency it seems to me quite clear that you are not applying the party's self imposed undertakings but something else. >> you could say it is assumed that parties to a contract comport with community standards of fairness and decency. you know, you can wiggle to there if you want. >> you could try to wiggle there and my point would be, the way to wiggle there is interpreting the express terms of the contrac

. >> up next, "on the money" a massive security breach at target, exposed 110 million american credit and debit card to cyberthieves. other retailers were compromised. are companies doing enough to protect personal information. our consumer watch dog will give his reaction. could the wolves of wall street come in first in lipstick. why women may be taking over the world of finance. right now as we head to the break. take a like at how the stock market ended the week. >> we are using old technology. and there is a better way and it is called technology. >> target ceo telling me what could be done to prevent security breaches like the one his company experienced last month. up to 40 million target customers are reeling after discovering their credit and debit card were compromised. is the problem that we are using outdated technology. how can you protect your information if the companies can't? joining us is consumer financial protection director, richard corday. thank you for joining us. >> my pleasure. >> as a consumer watch dog, what is your reaction to what happened to target and re

the company says they are not sure if a breach has occurred, but the security detail detected several fraudulent charges charges. the head of communeications wanted to get ahead of the problem. >> if you have 45-$75,000 in your account, your information is for sale at $400 a pop. >> reporter: stolen credit card information is valuable to those who operate on the black market. >> if you have shopped at one of these stores, assume something has happened and check your statement. it is what you will have to do. >> reporter: an independent security firm has been hired to get to the bottom of things to see if a breach has happened. if so how bad it is. several government agencies are investigating the case. in emeryville. >>> the state of the union address is tomorrow. the president will talk about the economy and the unemployed. he will call for a new retirement plan for those who can't get it through their employer. you can watch the entire address here tomorrow night beginning at 6:00. >>> vacation is over for thousands on a royal caribbean cruise ship making 600 passenger and crew sick