Citibank PIN/ATM Fiasco 'Worst Hack Ever' and Involves More Banks
Image source: Boing Boing
Via Boing Boing.
The unfolding debit card scam that rocked Citibank this week is far from over, an analyst said Thursday as she called this first-time-ever mass theft of PINs "the worst consumer scam to date."
Wednesday, Citibank confirmed that an ongoing fraud had forced it to reissue debit cards and block PIN-based transactions for users in Canada, Russia, and the U.K.
But Citibank is only the tip of the iceberg, said Avivah Litan, a Gartner research vice president. The scam -- and scandal -- has hit national banks like Bank of America, Wells Fargo, and Washington Mutual, as well as smaller banks, including ones in Oregon, Ohio, and Pennsylvania, all of which have re-issued debit cards in recent weeks.
posted by Fergie @ 3/11/2006 12:58:00 PM
1 Comments:
hacked by x-c0d3r ! wORST HACKER EVER :) :) :)
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