Senin, 01 April 2013

Schnucks - Credit Card Issue Found and Contained

Credit/Debit Card Fraud at Schnucks 

Schnucks has reported that they have “found and contained” the unauthorized access (cyber attack) to payment card information. Read their press release dated 3/30/13.

So, what does that mean?  Schnucks says that it is safe to use credit and debit cards in their stores.   I'll continue to use cash (hopefully, small bills and coins) for awhile, although Schnucks might now be the safest retailer in town to swipe a credit or debit card.

Schnucks also says they are also trying to determine what information was actually accessed, and will be working with the banks that issued the effected cards.  What happens after that is up to the individual banks.  You may end up being issued new cards if your card shows up on the list.  A couple banks I've seen mentioned in the media:  Parkside Financial Bank and Trust and  Montgomery Bank, but there could be more - many more.

What should you do?  Even though Schnucks say they have identified and contained the issue, card information may still be in the wrong hands.  Monitor your card for suspicious activity.   If you think your card has been compromised, you should call your bank immediately.  You may also want to go ahead ask the bank to issue replacement cards if you’re seriously concerned.

Have you been affected with this round of credit/debit card fraud?

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