24 September 2016
Visit colt.net

Union First Market Bankshares to re-issue cards affected by retailer breaches

21 January 2014  |  1043 views  |  0 Source: Union First Market Bankshares

Union First Market Bankshares Corporation ("Union") today announced that it will reissue credit and debit cards impacted by the data breaches at Target and Neiman Marcus.

"While the security breaches did not compromise any of Union's systems, Union is taking a proactive step to reissue all debit and credit cards that were impacted by the data breaches at Target and Neiman Marcus," said G. William Beale, president and chief executive officer of Union First Market Bankshares. "Union has been monitoring the impacted accounts since being notified of the security lapses. While no customer has lost money, the level of fraud and attempted fraud has increased on those accounts and therefore Union decided it was necessary to issue new cards to our customers."

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comVisit equens.comVisit VocaLink.com

Top topics

Most viewed Most shared
Co-habitation with banks key to fintech futureCo-habitation with banks key to fintech fu...
13216 views comments | 34 tweets | 34 linkedin
hands typing furiouslyGoogle's Larry Page buys a 'major global b...
12603 views 0 | 31 tweets | 25 linkedin
RBS tests demonstrate ability of Ethereum to support a national domestic payments systemRBS tests demonstrate ability of Ethereum...
9340 views comments | 41 tweets | 27 linkedin
Banks test blockchain for reference data managementBanks test blockchain for reference data m...
8057 views comments | 16 tweets | 24 linkedin
Deutsche Bank teams up with accelerator to back fintech startupsDeutsche Bank teams up with accelerator to...
6958 views comments | 12 tweets | 5 linkedin