Why are banks so insecure?

[crimsonmoon]

my local news did a story on identity theft recently
apparently now, it doesn't matter how careful you are with your card. if you own one period you can have it stolen. and not physically stolen. now the theft can be done by just running up a bunch of cards with random numers and they just swipe them until one works. it happened to a guy in my area a few weeks ago.

 

[abcdefghi]

my local news did a story on identity theft recently
apparently now, it doesn't matter how careful you are with your card. if you own one period you can have it stolen. and not physically stolen. now the theft can be done by just running up a bunch of cards with random numers and they just swipe them until one works. it happened to a guy in my area a few weeks ago.

That does not surprise me at all, as an example I remember a while ago hearing that the best way to not get your car stolen, was simply not to have a car at all.

I am still mad that they did not cancel my cards until late this morning :mad2:

 

[Sploke]

I was pleasantly surprised a few weeks ago, my wife and I both got issued new debit cards by our bank because there were card numbers in their database that had possibly been leaked by some company in a security breach, so as a safety measure they issued new cards with new numbers to a whole bunch of their customers.

 

[crimsonmoon]

I was pleasantly surprised a few weeks ago, my wife and I both got issued new debit cards by our bank because there were card numbers in their database that had possibly been leaked by some company in a security breach, so as a safety measure they issued new cards with new numbers to a whole bunch of their customers.

my parents got new cards a couple weeks ago too. but i didn't lol

 

[petluvr]

I was pleasantly surprised a few weeks ago, my wife and I both got issued new debit cards by our bank because there were card numbers in their database that had possibly been leaked by some company in a security breach, so as a safety measure they issued new cards with new numbers to a whole bunch of their customers.

This is the same thing that happened with my card Really though it is not the banks fault it is the fault of the processors who work as middle men between the card companies and the places we are using our cards. ABC your card should have been hot carded immediately by the bank so i understand your frustration there.

 

[bettabrat]

Banks got us into this huge mess we're in. Don't expect any sympathy. Banks really aggrivate me to no end. I've faced ID theft a few times. Best advice I can give is to just keep on top of it. Find something documenting where you live and where you were on the date the charges were made in case they want to argue. Most of the time they will refund you and file a dispute with Visa...or whomever the card is set up through. After (sometimes takes 6 months) an investigation they will send you a letter. 9 time out of 10 you get your $$ back, there is that slim case where they are just trying to scam the bank and well that is why there is an investigation. Good luck!

 

[serissime]

My friend is a head teller at a bank near me... and she would have freaked out if she heard one of her coworkers was so lax! (as to wait 36 hours after a report)