Our information is on the Dark Web, courtesy of the Equifax breach. Our credit is frozen, which is supposed to stop these accounts from being set up, though an occasional bank account and credit card set up goes through to the point where we receive info at home and have to call the bank. One time I found out when I went to the bank to get a signature guarantee, and the customer service person chose to run through my account details…yup, new phone and email that was not ours. It’s endless. I resent being put in this position having done all the right things.
Might be an inside job as well. Heads should roll on this huge mistake.
Lucky Dog
I concur, has to be an inside job. NO bank, certainly not a Chase Manhattan Bank, is so stupid not to have red flag guard rails in place to prevent something so egregious. The insider’s system knowledge let them circumvent the warnings.
Now, “all CMB needs to do” is find the insider who pulled it off.
We froze ours about 15 years ago not because some fraud had taken place, just an abundance of caution. We don’t go “credit card” shopping either trying to get points/miles, we’ve had the same cards for over 20 years.
Would that prevent ADDING USERS to a CC or Bank account?
I talked with my credit union a couple years ago (perhaps it’s time to revisit?) Asking them how they were protecting ME from fraud.
My basic take away was that they have little in place that directly protects me. Their “protection” protects the credit union.
I have chosen to get credit cards from entities NOT associated with my credit union.
Nevertheless, I get solicitations to open a CC and/debit card with them.
I feel so secure.
But, I try to keep a minimum of $ in that account.
I’m not seeing how freezing credit, stops the situation described in this news story. The woman had a CC account.
Someone apparently accessed the account and simply added users to the account. The bank apparently just AUTOMATICALLY issued the cards. The only “good” thing is that the cards were sent to the address on record.
My CCs all contact (email and SMS) me when some change is made to my account.
My CU… i need to check that.
Fraud, of any type, is a METaR.
ralph
My CU was hacked, and my data leaked. So far, nothing on the dark web.
6 or more OTHER accounts have been hacked, and my data stolen.
So far, no problems noted from those sources.
