RE: Some BofA Clients Find Debit Cards Cancelled

["Todd Towles" <toddtowles () brookshires com>]

So if this happens once a week, then it is the end of online
banking...since you will constantly have a new card "in the mail" lol

BofA is doing what is best for the customer IMHO, but when will this
type of thing be on the decline?? 

Disclourse laws are good and are in place to protect the customer, no
fight with those..but is the insecurity of business causing those laws
to be a "pain in the you know what" for normal people??...

-Todd

> -----Original Message-----
> From: funsec-bounces () linuxbox org 
> [mailto:funsec-bounces () linuxbox org] On Behalf Of Fergie
> Sent: Thursday, February 09, 2006 8:51 AM
> To: funsec () linuxbox org
> Subject: [funsec] Some BofA Clients Find Debit Cards Cancelled
>
> Via SFGate.com.
>
> [snip]
>
> 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.
>
> [snip]
>
> More here:
> http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/02/09/BU
> GHLH55SQ1.DTL
>
> - ferg
>
>
> --
> "Fergie", a.k.a. Paul Ferguson
>  Engineering Architecture for the Internet  
> fergdawg () netzero net or fergdawg () sbcglobal net  ferg's tech 
> blog: http://fergdawg.blogspot.com/
>
>
> _______________________________________________
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