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„Nieves Riera obtained guinea pigs from an unlicensed supplier. The guinea pigs were sold at the Ecuadorian Festival,“ the compliance officer noted in the inspection report. „Cooked pork was purchased from a Minneapolis Meat Market. 8. Stores.“We apologize to our customers for the inconvenience and anxiety this has caused and want to reassure them that they will not be liable for fraudulent charges,“ Chief Executive Frank Blake said in a statement.Of the estimated cost so far of $62 million, which covers such items as credit monitoring, increased call center staffing, and legal and professional services, Home Depot said it believes that $27 million of the amount will be paid for by insurers.But the company said it has not yet estimated the impact of „probable losses“ related to the possible need to reimburse banks for fraud and card replacement, as well as covering costs of lawsuits and government investigations.“Those costs may have a material adverse effect on The Home Depot’s financial results in the fourth quarter and/or salvetore ferragamo sale future periods,“ the company said in its statement.Wesley McGrew, an expert of retail breaches who is an assistant research professor at the department of computer science at Mississippi State University, said that Home Depot is going to be expected to bear the costs related to fraud and payment card replacement.Banks typically seek to get retailers to salvatore ferragamo cover those costs if there are any indications of shortcomings in their security.Criminals have frequently used software that evades detection, but retailers are expected to closely monitor their networks using tools that are designed to uncover signs of a crime in progress, McGrew said.“It’s hard to feel sorry for them when there are things they could have done to improve the security of these transactions,“ McGrew said.Hitesh Sheth, chief executive of Vectra Networks, a cybersecurity firm in San Jose, California, said Home Depot’s breach exposes a weakness, noting that the company said hackers used unique, custom built malware.That „essentially means the technology they are using is only designed to detect malware that has already been used in a previous attack, and that is symptomatic of the retail industry,“ Sheth said.“Retailers need to upgrade to technology that is available and detects behavior of malware that is new because these attacks are not going to stop anytime soon.“For its fiscal year ending in February, Home Depot revised ferragamo salvatore official site its earnings estimate to $4.54 per share from $4.52. In addition to the cost related to the breach, it said the estimate includes a pre tax gain of about $100 million on the sale of 3.6 million common shares of HD Supply stock.The company left its outlook for sales growth for the year at 4.8 percent.
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