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I don't have a credit card, but I do have a Visa debit card issued by my bank, so I imagine that it is also vulnerable. I'll be calling my bank in the morning.
Looks like I'll be calling the Credit Union tomorrow.VISA and MasterCard are alerting banks across the country about a recent major breach at a U.S.-based credit card processor. Sources in the financial sector are calling the breach “massive,” and say it may involve more than 10 million compromised card numbers.
Source: https://krebsonsecurity.com/2012/03/...ch/#more-14393
I don't have a credit card, but I do have a Visa debit card issued by my bank, so I imagine that it is also vulnerable. I'll be calling my bank in the morning.
I just got off the phone with my banks express service, and she said they had not been notified about any problem with this. That seems very strange, since the processor breach occurred early this month. I checked my balances, and they are correct at the moment, but I'm trying to decide whether to have a new debit card issued or not.
I tried calling earlier, we have something similiar to your Express Service called
Tele-Branch, but they were closed to humans, and won't re-open till 8:30am.
It is still a half-hour sooner then when the main offices open, and I'll call then.
One needs to check back farther than earlier this month:
Our accounts look okay, and getting a new card would be a good idea.The card associations stated that the breached credit card processor was compromised between Jan. 21, 2012 and Feb. 25, 2012.
Source: https://krebsonsecurity.com/2012/03/...ch/#more-14393
Last edited by Anak; 31 Mar 2012 at 05:59. Reason: Applied Source link.
This seem to be a US only problem...
Just in case, I'll be checking my VISA transactions just in case...
Anak,
I agree. I had intended to do just that, but they wanted to charge me a small fee for the new card, and I'm tight enough that it caused me to hesitate. Since I only have the debit card connected to a small secondary account, that I use for onlline purchasing, the balance is small enough that it wouldn't be a disaster if it got hit, but there is no reason to risk it. Besides, my card expires in July, so I need a new one anyway....getting a new card would be a good idea.
Are you charged for a new card when you re-up in July?
You should look into Credit Unions, a well established one. The membership regulations are not as strict like they were years ago, and they offer more free services than Banks.
Does your Bank offer zero-liability?
We have this, at no charge.TTCU reminds that credit and debit cards are protected by zero-liability insurance, so even if your account is the victim of fraud you're going to get your money back.
Source: Tulsa Experts Give Advice After MasterCard, Visa Security Breach - News9.com - Oklahoma City, OK
Thanks for the heads up Anak! I haven't heard boo about this from my bank and my card balance is what it should be, but I will be monitoring things closely.
Your welcome LittleJay!
I just got off the phone with our Credit Union(CU) Rep, and he tells me that they are fully aware of the situation. Because of privacy concerns he could not elaborate. But,
They have received the information as to what CU's, and any members are involved.
It will still take two weeks to cross reference the information, and if we were on the list we, my DW, and I would be notified from the CU that our cards would be canceled, and re-issued with new numbers.
Factors in our favor:
- The Zero-Liability coverage.
- We haven't used our card(s) in any transactions with the Financial Institutions or Businesses located in the area where the breach occurred. The linked article states, "in and around New York City".
- Even though there were two tracks of data taken they weren't able to obtain the track that contains the three digit security set found on the back of the cards, so if your merchant doesn't ask for it, ask them, why not?
It is still going to take a fortnight to get out of the woods, but I feel somewhat relieved.