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

21 January 2014  |  1108 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."

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