Debit cards canceled after security breach

["Dissent" <Dissent () pogowasright org>]

http://www.telegram.com/apps/pbcs.dll/article?AID=/20070117/NEWS/701170343/1002/BUSINESS


FITCHBURG— About 1,300 debit-ATM cards issued by Fitchburg Savings
Bank were deactivated yesterday after the bank was told by Visa USA
that a “large-scale data compromise” may have included its check
cards.

None of the cards was used fraudulently and all are being replaced,
said Martin F. Connors Jr., bank president and chief executive
officer. “If someone has the person’s information, at this point they
can’t do anything with it,” he said.

Mr. Connors said he was aware of at least one other financial
institution in Worcester County with far more cards affected by the
security breach. A broader problem was confirmed by the Massachusetts
Bankers Association yesterday.


“It appears that Visa has notified a number of banks in Massachusetts
that a large-scale retailer has had a problem with some of its
customer data,” said Bruce E. Spitzer, an MBA spokesman. “Quite a few
banks are replacing cards or notifying customers to be extra vigilant
in monitoring their accounts. If a card needs to be reissued, the bank
will do it.”

Another source indicated that the breach may be broader than Visa cards.

[...]

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