Released: February 09, 2006

Some BofA debit cards canceled

Source: By David Lazarus, San Francisco Chronicle

Numerous Bank of America customers have had their debit cards canceled and have been blocked from accessing their accounts online after an unnamed company experienced what appears to be a major security breach.

BofA is refusing to identify the company, saying in letters to customers this week only that the breach occurred “at a third-party location unrelated to Bank of America.”

This is unusual. Past data-security breaches involving financial institutions have centered on systems being compromised at either bank offices or those of affiliated firms.

Read Full Article: Some BofA debit cards canceled