Fifth Third Bank data breach and how to fix credit errors.
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Another data breach this time at fifth third bank and a great reason to use a credit card over a debit card.
Some Fifth Third Bank customers are getting new credit cards after a data breach could have potentially compromised their card numbers. The data breach took place at a supplier payment processing company and not at Fifth Third, said Stephanie Honan, a Fifth Third spokeswoman.
MasterCard notified Fifth Third of the breach, Honan said. That prompted Fifth Third to send letters to affected customers, telling them to destroy their current cards and that new cards will be reissued.
The breach was discovered recently and fifth third's customers are receiving letters this week. Those customers are protected by MasterCard Zero Liability for any unauthorized activity that takes place using their card.
"Of course, they should also report any unauthorized activity to the bank," Honan said.
No Fifth Third systems were impacted or breached, Honan said. No personal information or bank account numbers were accessed. Card numbers were the primary data that were impacted.
Fifth Third wouldn't release the number of cards impacted or whether any of those card numbers were illegally used.
I also cover what is a credit bureau vs what is a credit repository and how your credit report does not exist.
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2014-03-14 20:24:55
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