Fergie's Tech Blog

Community Bank: New Visa Cards In Mail After Hacking Incident

Charlie Coon writes in The Stars and Stripes:

No Community Bank customers lost money when an Internet site they used to make purchases was attacked by a malicious computer program, prompting the overseas military bank to cancel 867 Visa banking cards last week.

The affected customers have been mailed a new bank card, according to Thomas LaRock, a spokesman with the Defense Finance and Accounting Service, which oversees the Defense Department’s contract with Bank of America and its Community Bank subsidiary.

Most of the customers were Germany-based, according to DFAS.

According to LaRock, the compromise apparently occurred when a malicious computer program targeted an online merchant with rapid-fire fake purchases. Once the purchases were authorized by the merchant, the perpetrator used the authorizations to trace back the information to the affected Visa cards.

posted by Fergie @ 4/18/2008 11:42:00 AM