Being a good Samaritan can be difficult, as Bankrate’s Jessica Patel found out recently. After finding a lost debit card on the subway, editor Patel called the number on the back to report it as lost. But rather than a quick phone call, she found herself facing Chase Bank’s automated phone system, which did not
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Sally Beauty detected an attempted data breach, but no credit card information was compromised.
After tossing blame at each other, merchants and banks are now teaming up to fight fraud.
Community banks reissue more than 4 million debit and credit cards after the recent card breaches.
Several major hotels suffered a breach last year that exposed debit and credit card data.
Retailers and banks trade barbs over recent security breaches as new leak surfaces.
Data theft may be common, but consumers aren’t avoiding credit and debit cards, social media or online retailers.
Neiman Marcus says up to 1.1 million credit and debit card accounts could have been exposed in a data breach.
Chase replaced 2 million debit and credit cards after security breaches at major retailers.