Target Black Friday 2013 Fraud: As the United States moves to a cashless society, criminals are finding new ways of stealing information and money. The Target Black Friday breach may the latest, but it won't be the last. Starting on Black Friday 2013 until Dec. 15, theft of data on about 40 million credit and debit card accounts of shoppers at Target stores.

Experts are saying incidents like the Target Black Friday ID Thefts will get worse before they get better because U.S. credit and debit cards use magnetic strip on the back of credit card that are easy to copy. Stores like Target use using the same technology as cassette tapes to store the information. Outside of America, credit and debit cards use digital chips that generates a unique code every time they are used to hold account information. The chip makes it harder for criminal to replicate the cards.

Mallory Duncan, general counsel at the National Retail Federation says "We are using 20th century cards against 21st century hackers. The thieves have moved on but the cards have not."

Jason Oxman, chief executive of the Electronic Transactions Association said "The U.S. is the top victim location for card counterfeit attacks like this."

In the wake of the Target Black Friday breach, three class-action lawsuits have already been filed seeking over $5 million in damages. Two suits have been filed in California and one in Oregon.

Chase Bank is dealing with the Target Black Friday 2013 frauds by putting limits on withdrawls and purchases using its debit cards. Because of the Target Black Friday breach, Chase Bank is limiting two million debit card holders to $100 at ATMs unless they go to branches.

The cards were used at Target stores when a data breach occurred on Black Friday, a traditionally heavy day of shopping. Chase says new cards are being issued.

40 million credit and debit card customers were affected when Target, the nation's second-retailer, was hit by a data breach. Customers who shopped at Target after Thanksgiving through Dec. 15 are susceptible to fraud. Target announced it will offer a 10% discount as a credit fraud apology.

Chase opened a third of its branches on Sunday to help customers who were affected by the Target Black Friday breach. Chase says customers with the affected cards will be limited to $300 a day in purchases. The limits affect about 2 million of Chase's 23 million card customers. Chase announced on their website that tellers will help customers at the bank's branches.

JPMorgan Chase will put daily cash and spending limits on about 2 million debit cards that were used at Target stores that could be susceptible to fraud. In the middle of Christmas shopping season Chase customers will be limited to withdrawing no more than $100 a day from ATMs on debit cards affected by the Target Black Friday Breach. The stolen data included names, numbers, expiration dates and data taken from the magnetic strip when credit or debit cards are swiped.

New Cards will be reissued. The process could take at least two weeks. Chase will reissue the debit cards by mail.