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On Thursday, retail giant Target acknowledged a massive data breach that exposed as many as 40 million customers to credit card fraud. Target says it has heard "very few" reports of fraud, which is being described as the second largest credit card breach in U.S. history. But reporter Brian Krebs-- who first broke the story-- says that batches of credit card and banking accounts have been flooding underground black markets in recent weeks.
Former state Attorney General Ken Cuccinelli and the ACLU are supporting legislation that would limit the ability of law-enforcement and regulatory agencies to collect information and build databases without a warrant.