Target

[Jocephus]

haha i kinda figured those videos would annoy you...

[AWvsCBsteeeerike3]

My bank just sent an email saying my card had been compromised and is cancelled. A replacement is on the way.

Would be up [expletive] creek without a paddle if I didn't have a 2nd bank account. I understand the bank's actions....just an unfortunate situation.

[cardsfansince82]

Like JL, I hardly ever shop there but just happened to during that time frame. I looked at my bank statement last night and I bought something on the 15th but the payment didn't process until the 16th which is the tail end of when that info was stolen. Not sure if I am at risk or not.

[AWvsCBsteeeerike3]

Apparently target has provided a list to all the cards (visa, amex, mastercard, etc) of which card numbers were compromised. Your bank can find out if your card was compromised. I don't know how each bank is handling it though. Nor do I know if you, personally, can call somewhere and find out if your acct info was stolen.

I'd say call your bank and see what they're doing. Fun fun.

Personally, I woke up.. went to the bank's website to check an email for a different thing and saw on their homepage visa had a list and the bank was contacting visa to see whose cards were hacked. Sure enough, I went to my email and they said my card had been deactivated and a new one and pin number would be here by week's end...

[JL21]

In addition to this Target fiasco, I also had a security breach with Adobe back in late October/early November. I went to the bank and got a new card before my current one is compromised. It's still going to take 7 to 10 days or whatever, but I may be able to cut all this [expletive] off at the pass.

[cardsfansince82]

Mine was a Visa debit card through my checking account with Bank of America. I've already had it cancelled 3 times in the last 2 years because of fraud, so I'd like to avoid going through that again if possible. Each time they've called me as the bad charges were being made, but I haven't heard anything yet for this. Maybe I should just look into changing my PIN.

[AWvsCBsteeeerike3]

Your pins not needed for online purchases though...which is probably where the vast majority of fraud charges occur.

Also, 3 times? Shemp.

[AWvsCBsteeeerike3]

Chase is limiting customers to $100/day withdrawals and $300/day spending while they get new cards out.

Crazy.

http://usnews.nbcnews.com/_news/2013/12 ... reach?lite

Banks are the ones, ultimately, on the hook. No surprise they are moving quickly, still, crazy to see the vast, sweeping reaction.

[cardsfansince82]

Yeah, 3 times. Apparently stealing info at restaurants and gas stations is pretty popular in KC. I know for sure where it happened one time even though they don't tell you, kinda suspect where the other two happened. I never had to dispute any charges or anything, just the inconvenience of not having a card for a week.

Why are the banks on the hook in this case? Shouldn't it be Target? Or is the argument that Target told the banks right away and now it's up to them to prevent bad charges?

[AWvsCBsteeeerike3]

Banks, ultimately, are the ones that have the anti-theft responsibility, I thought. Say a guy buys a set of golf clubs off callaway.com with fake cc info. Fraudulent charges are posted to the wrong person's account, the bank pays callaway, the legit cc holder notices the charges and notifies the bank the charges are fraudulent and signs an affidavit, the bank investigates and finds out the charges were illegit and refunds the money.

Perhaps that is incorrect and it is the vendor that is ultimately responsible and the bank would withhold future monies from callaway? I don't know. I just assumed the bank was the one losing out.