[Fredslist] Review your debit card statements - MASSIVE rise in debit-card fraud

[Raj Goel]

Gothamites,

 	Please double-check your debit-card and bank statements.
The amount of debit-card fraud has jumped up massively in the past few 
weeks.

 	US victims are reporting withdrawals and charges occuring from 
canada, eastern europe, asia, etc.

 	"In a brief statement, Citibank said that the fraud was the result 
of a 'third-party business information breach' that took place 
last year. To protect its customers, the company said it blocked 
PIN-based transactions in those locations for the customers affected by 
the breach." A spokesman for the company, however, refused to name the 
third-party retailer involved in the breach."

http://www.computerworld.com/printthis/2006/0,4814,109427,00.html

IN SUMMARY:
 	Review your bank statements

 	Contact banks IMMEDIATELY if you suspect fraud

 	Minimize use of debit-cards
 	(credit cards have stronger fraud protection for consumers)

-- Raj

Rajesh Goel, CISSP
cell (917) 685-7731
CTO: Brainlink International, Inc.
"IT Crisis Management and Solutions"
HIPAA, PCI/CISP Credit Card, Sarbanes-Oxley & GLBA Information Security Compliance