Fergie's Tech Blog

Some BofA Clients Find Debit Cards Cancelled

David Lazarus writes on SFGate.com:

Numerous Bank of America customers have had their debit cards canceled and have been blocked from accessing their accounts online after an unnamed company experienced what appears to be a major security breach.

BofA is refusing to identify the company, saying in letters to customers this week only that the breach occurred "at a third-party location unrelated to Bank of America."

This is unusual. Past data-security breaches involving financial institutions have centered on systems being compromised at either bank offices or those of affiliated firms.

Michael Chee, a BofA spokesman, confirmed Wednesday that the breach in this latest case wasn't at a processing center used by the bank or any other affiliate.

posted by Fergie @ 2/09/2006 06:42:00 AM