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Citi Bank Reveals Attack... One Month Late

An anonymous reader writes "Is account security a thing of the past? Quote: 'We're talking a fairly serious hack, too. The personal and account information of some 200,000 Citibank card holders in North America was breached, reports Reuters, including contact specifics like names and email addresses. The solitary bit of good news? Citibank claims far more sensitive info like social security numbers, birth dates, card expiry dates and CVV card security codes was not compromised.'"

3 of 111 comments (clear)

  1. What "wasn't" compromised... by Ferzerp · · Score: 4, Insightful

    That's because they're going to wait a few weeks and admit that everything really was.

    It should be criminal to employ this tactic, but we see it again and again. These companies have a responsibility to be good stewards of the information we have granted them. When they hide these breaches, they are not acting in good faith.

  2. Great big huge fines ... by gstoddart · · Score: 4, Insightful

    Companies really need to start getting slapped with very large fines for stuff like this.

    Being incompetent to actually protect the data of your clients doesn't mean you simply get to say "oops" and act like nothing happened.

    Someone needs to start holding these companies accountable for stuff like this. You're a bank (albeit a sketchy, annoying one who keeps sending me offers for cards and a bunch of other crap I don't want) ... you're supposed to have a legal obligation to protect this information.

    From the annoying telemarketing and other crap they send me in the mail, I already can't stand Citibank. An inability to actually protect data is just further proof of why I'd never actually deal with Citibank. They just don't give off the feel of actually being a reputable organization to me.

    --
    Lost at C:>. Found at C.
  3. If they don't take this seriously by rebelwarlock · · Score: 5, Insightful

    Don't take them seriously. Find a real bank to do business with.