MESSAGE
| DATE | 2005-06-19 |
| FROM | Ruben Safir
|
| SUBJECT | Subject: [NYLXS - HANGOUT] Microsoft - We mean Security
|
Associated Press
Card Holders Should Monitor Accounts
06.18.2005, 06:01 PM
CREDIT CARDS AT RISK: Up to 40 million credit card accounts could have
been exposed to fraud that was tracked to a company that processes
payments for banks and merchants. MasterCard said only about 68,000 of
its 13.9 million accounts with Atlanta-based CardSystems were considered
at high risk.
CUSTOMERS BEWARE: Card holders were urged to carefully monitor their
statements for unauthorized activity and to contact the issuing banks
with concerns. If fraud is found, banks may provide a new card number
and new card.
CONSUMER PROTECTION: By federal law, credit card holders are liable for
no more than $50 of unauthorized charges. MasterCard and some other
companies offer zero liability to customers on fraud.
IDENTITY THEFT: Information used in identity theft, including Social
Security numbers and dates of birth, was not stored with the credit card
accounts.
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