Credit Card Fraud, An Integral Part Of The World 's Economy

Home Depot’s retail strategy is one of reasons for its fast growth and continued leadership in the home improvement retailer industry. Its focus on speed, efficiency, and quality has made it one of the largest retailers in the world. Home Depot focuses on being a leader in “product authority.” Walmart and Costco are leaders

The Home Depot (Ticker: HD) is the world’s largest home-improvement retailer along with being an American Fortune 50 company. The company operates 2,259 retail building supply/home improvement “warehouse” type stores all across the United States, Canada and Mexico. The Home Depot has over 340,000 team members and is based in Atlanta, Georgia. The average store size is just over 100,000 square feet along with an additional 24,000 square feet set aside for seasonal gardening.

Home Depot’s corporate-level strategy is one of internal growth. This conclusion was reached based on the increased focus that Home Depot has placed on growing its existing online and traditional retail operations. Between 2016 and 2018, Home Depot is expected to invest approximately four billion dollars into improvements in its online and physical retail locations in order to make both work more synergistically and grow sales (Petro, 2016). Home Depot hopes that these investments will continue to increase sales at both its physical and digital retail locations, thereby growing the company without adding significant numbers of physical locations.

The Home Depot is the fastest growing retailer in U.S. History and currently has more than 2,200 convenient locations throughout the United States (including the territories of Puerto Rico and the Virgin Islands), Canada, China and Mexico. Stores average 105,000 square feet with approximately 23,000 additional square feet of outside garden area (The Home Depot, 2012). The retail inventory consists of up to 40,000 different kinds of building materials, home improvement supplies, appliances and lawn and garden products for all of your project needs. Selections may vary from store to store because

Home Depot may be the first stop for home change needs. Be that as it may, prior in 2014, it succumbed to digital thieves who stole up to 60 million card details. The assaults continued for five months prior to they were found. In September 2014, the organization said that any individual who utilized a Visa to shop in the U.S. on the other hand Canada over a six month period could have been a casualty. At the time, Home Depot CEO Frank Blake called security a "noteworthy issue" and attempted to console clients by saying the retailer had reinforced its lines of barrier.

card fraud. In reference to money Laundering we will the complex process of how criminals

Home Depot is one of the most recognizable brands in Home Improvement. It also holds the largest market value in its industry. In 2017 Home Depot’s market value was over 206 billion dollars, its closest competitor, Lowe’s, held only 69 billion in market value (Net Advantage, 2017). During the

The Home Depot, Inc. (The Company) is the largest home improvement retailer in the world and the second largest retailer in the United States. The Company has been publicly traded since 1981 on the New York Stock Exchange under the ticker symbol "HD" and is included in the Dow Jones Industrial Average and the Standard & Poor's 500 Index.

Founded in 1978 by Arthur Banks and Bernie Marcus, who were both fired from a local hardware store after a disagreement with their supervisor (http://founderbios.com/bernie-marcus.php), Home Depot opened its first store in Atlanta, Georgia on June 22, 1979 (www.corporate.homedepot.com). The founders had a vision to create a big-box retail chain that empowered customers to take on their own home improvement and repair projects. As the fourth largest retailer in the U.S. and the world’s largest home improvement retailer

Cyber criminals armed with custom-built malware stole an estimated 56 million debit and credit card numbers from Home Depot customers between April and September 2014. This is largest retail card breach on record.

The Home Depot is a large American big box retailer supplying construction and home improvement products, with+ over 2,100 retail stores in the US, Puerto Rico, The US Virgin Islands and Guam. The company headquarters is in Georgia Atlanta.

Another victim was Home Depot. The stolen username and password did not give the criminals direct access to Home Depot 's payment system. But it did give the hackers access to a part of the company 's network from where they could deploy malware on self-checkout systems in stores in the U.S. and

Home depot the perennial home improvement giant occupies three top 5 categories in the retail business. Home depot is the number 1 home improvement retailer and the 4th largest retailer in the U.S. they also are considered the 5th largest retailer in the world (Home Depot, 2015). To view the magnitude of Home Depot’s presence they are considered the “The Company is already the largest home improvement retailer in Mexico, in addition to the U.S. The Home Depot entered Canada in 1994 and Mexico in 2001 through a combination of acquisitions and organic growth” (Home Depot, 2015). Their approach to marketing is through market dominance where competitive pricing is their motto.

The Home Depot Inc. was founded in 1978 and is the world’s largest home improvement retailer and the second largest retailer in the United States. The sales for the fiscal year 2000 were $45.7 billion, compared to $38.4 billion in fiscal 1999. As of January 2001, the company was operating 1,134 retail stores in forty-seven states, six Canadian provinces, Puerto Rico, Chile and Argentina.

In business since 1997, Heartland Payment Systems Inc. (Heartland) based out of New Jersey (Smith, 2014), acts a merchant acquirer that receives and stores consumer payment information (Cheney, 2010). Heartland does this by collecting data from a merchant then sending it out to the appropriate card supplier for payment (Cheney, 2010). This includes credit card details, personal customer data, and purchase amounts from card suppliers like Visa, Master Card, American Express, and Discover Financial Services (Cheney, 2010).