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Dec. 19, 2013 - 5:06 - Trend Micro VP of technology and solutions JD Sherry weighs in on Target's credit card security breach.

Update: December 20: In an online statement, Target CEO Gregg Steinhafel said “There is no indication that PIN numbers have been compromised on affected bank issued PIN debit cards or Target debit cards. Someone cannot visit an ATM with a fraudulent debit card and withdraw cash.”

Hackers gained access to as many as 40 million credit and debit cards used by customers of Target during the height of the holiday shopping season, the company reported Thursday, in one of the biggest data breaches in history.

Stronger attacks in cyberspace should be expected in 2014 with major data breaches to happen every month and advanced mobile banking attacks to increase, a report said.