Just last week the Wall Street Journal reported 40 million debit and credit cards may have been accessed in a data breach at TJX companies. Now, there are reported incidents of fraud related to the data breach. So far, identity thieves have used the stolen data to make purchases in Florida, Georgia and Louisiana, Hong Kong and Sweden.
The Massachusetts Bankers Association said it has received reports of fraudulent card use from almost 60 banks. It is not necessary for consumers to contact their bank if they used their card at one of the TJX retailers such as TJMaxx or Marshalls. If a consumer's account is found to have been exposed in the data breach, their bank will contact them and issue a new card if necessary.
This entry was posted on Friday, January 26th, 2007 at 11:53 am and is filed under Bankruptcy News and Events. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
The sadest thing about having a
credit card is that a person can become a victim of credit card fraud.