Citigroup Reports Security Breach – Idiots

The Street, By Shanthi Bharatwaj, 08/05/11

Citigroup has once again become a victim of a security breach. This time, it is the credit card unit in Japan. Citi Cards Japan said in a statement on its Web site that “certain personal information of 92,408 customers has allegedly been obtained and sold to a third party illegally.”  Information compromised included account numbers, names, addresses, phone numbers, date of birth, gender and the date the account was opened.  Citi has confirmed that personal identification numbers and security codes (CVVs) were not compromised. In June, Citi disclosed that hackers stole $2.7 million from 3,400 customers in North America in May following a major data breach. Citi was criticized for not reporting the breach sooner.  Citi Card Japan said it immediately reported the inappropriate sale to the relevant authorities and the police, has placed internal fraud alerts and enhanced monitoring on all accounts affected. So far no unusual or suspicious credit card transactions have been detected.  Should fraudulent transactions occur, affected customers will not be held responsible, the unit said in its statement. http://www.thestreet.com/story/11211817/1/hackers-strike-at-citi-again.html?cm_ven=GOOGLEN

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