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WaMu Gave Grandma's Money to Crooks

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New York Times Reporting on ICT

The article appeared on May 21, 2007.

click here for more info

Friday, March 10, 2006
follow-up on compromised Wamu debit cards
The day after I posted this this:

Compromised Wamu Debit Cards?

this story appeared on msnbc.com:

Debit card thieves get around PIN obstacle

From the article:

Several banks have made clear in their announcements that PINs were stolen and used to make fraudulent withdrawals.

I explain in my post the way by which Wamu informed their customers of the breach (they didn't).

The whole article is worth reading, especially if you use a debit (as opposed to credit) card.

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slashdot ran a story on the growing debit card fiasco today. my contribution to the discussion:

# 14899870
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