Re: Quote of the Day [2]: America's Community Bankers

["Brian Loe" <knobdy () gmail com>]

On 2/6/07, Fergie <fergdawg () netzero net> wrote:
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>
> How bad has it gotten?
>
> "According to the bank group's survey of its members, 70 percent
> said their bank had to reissue credit or debit cards three times
> or more in the past 24 months."

That's a fairly worthless statement, I've had mine re-issued twice.
Neither time was it due to a security breach of any kind.

It's also a lame cause for more government oversight which can only
help to worsen the security landscape. Pressure for more and better
security should come from the bank's customers...
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