BofA and Citigroup warn of Massachusetts security breach

["Stephanie Mode" <stephanie () contosdunne com>]

http://triangle.bizjournals.com/triangle/othercities/charlotte/stories/2009/
08/10/daily3.html


BofA warns of Mass. security breach


Charlotte Business Journal - by Tim McLaughlin Boston Business Journal


 


Two of the largest U.S. banks - Bank of America Corp. and Citigroup Inc. -
have issued new credit and debit cards to Massachusetts customers after
running into data-safety concerns.

 

Charlotte-based BofA (NYSE:BAC) and Citigroup (NYSE:C) each recently issued
replacement cards to consumers, telling them in letters that their account
numbers may have been compromised.

 

"We have learned that account information from certain Bank of America debit
cards may have been compromised at an undisclosed third-party location,"
BofA said in a recent letter to customers in the state. As an added measure
of security, BofA issued a replacement debit card.

 

Meanwhile, New York-based Citigroup told credit-card customers in
Massachusetts "your account number may have been illegally obtained as a
result of a merchant database compromise and could be at risk for
unauthorized use."

 

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