In wake of confirmed breach at Home Depot, banks see spike in PIN debit card fraud

In wake of confirmed breach at Home Depot, banks see spike in PIN debit card fraud

Nearly a week after this blog first reported signs that Home Depot was battling a major security incident, the company has acknowledged that it suffered a credit and debit card breach involving its U.S. and Canadian stores dating back to April 2014. Home Depot was quick to assure customers and banks that no debit card PIN data was compromised in the break-in. Nevertheless, multiple financial institutions contacted by this publication are reporting a steep increase over the past few days in fraudulent ATM withdrawals on customer accounts. Read More

By | 2014-10-01T00:28:30+00:00 October 1st, 2014|Business Insights From EWT, Computer Services|Comments Off on In wake of confirmed breach at Home Depot, banks see spike in PIN debit card fraud