ID Theft and Breaches

Posted By: kjbabington

ID Theft and Breaches - 01/20/15 07:43 PM

With the increased amount of breaches involving customer debit cards lately (i.e. Target, Home Depot, etc.) I thought this was worth clarifying. Should those customers and/or incidents effected in debit card breaches be listed in my Bank Identity Theft Prevention Program as victims of Identity Theft cases? I am speaking to incidents where fraudulent charges were made to customers accounts or not (and we just received notice that the card numbers may be compromised).

Thanks
Posted By: rlcarey

Re: ID Theft and Breaches - 01/20/15 11:47 PM

I guess I don't equate a transaction that occurs from one of these corporate card compromises to ID theft. The Board and management should of course be kept up to date regarding such losses and activities and if you want to tack that on to your ID Theft report(s), it is probably as logical a place as any.