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Web of intrigue widens in debit-card theft case

By Larry Hendrick | February 12, 2006

A fresh reminder to reconcile your statements each month, rather than just pay the bill. The two possible retail chains, listed further down the article, are listed as Walmart and OfficeMax. The investigation is still ongoing, but this is another wake-up call for improved security in area where plastic is used.

It is also noteworthy that neither of these breaches involved cards used on the Internet, rather they were used at retail locations around the US.

Web of intrigue widens in debit-card theft case | CNET News.com

This week, two major banks joined a credit union in canceling a combined 200,000 accounts belonging to debit-card holders. In letters to affected customers, Bank of America and Washington Mutual said they were canceling debit cards because of a security breach at a “third-party” location. Officials from both banks and law enforcement agencies have refused to identify the location.

Sources now say that the case might involve two separate retail chains–one which has ackowledged a problem and another whose possible role is uncertain.

Topics: Business, Life |

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