Threat Level: green Handler on Duty: Johannes Ullrich

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Debit Card Compromise Letter

Published: 2009-02-14
Last Updated: 2009-02-15 00:12:55 UTC
by Deborah Hale (Version: 1)
6 comment(s)

Well for the second time in 4 months I have received a letter from my bank indicating that their Credit/Debit card processor has once again notified them of a possible compromise in their system.  My debit card is once again being replaced and I will have to contact anyone that I have used for automatic payment using the card number that the number is changing and that the old card will no longer be valid after I receive my new card.  They don't say how the compromise occurred, how they discovered it or what is being done to prevent it from happening again.

So here we go again,  logging into my account everyday to check and make sure that there are no unexpected transactions.  What a pain!!!!  Is it too much to ask that the banking and credit/debit card folks get their act together and figure out a way to protect my financial information?  Perhaps they could take just a portion of the TARP money that they have received or maybe a portion of the additional money that they are asking for, and instead of using it to buy planes or pay bonuses use it to hire someone to help them figure out how to accomplish the task.

I am beginning to think it is time for me to call LifeLock and check out their identity theft prevention deal. 


Keywords: Debit Card
6 comment(s)
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