Six US Banks Issue Urgent Debit Card Alerts, Forcing Mandatory Replacements for Many, After Third-Party Security Breach
Six US banks are reporting potential security breaches of debit cards, with several forcing affected customers to get replacements.
In new filings with the Massachusetts state government, Mainstreet Bank, Savers Bank, The Village Bank, Watertown Savings Bank, Webster Five Cents Savings Bank and Eagle Bank say some debit cards may have been compromised following a security breach of a merchant’s payment card platform.
A copy of a notice sent to Eagle Bank customers was recently posted on the government site, stating an unnamed Mastercard merchant allowed unauthorized access to account information.
A notice to customers at The Village Bank and a letter to customers at Savers Bank also pinpoint a merchant breach.
Says Savers Bank,
“We have been notified by MasterCard International of a suspected security breach of a merchant’s network, transactions that may have compromised some of Savers Bank’s debit card numbers.”
Affected customers at Eagle Bank and Savers Bank will receive new cards automatically.
Webster Five Cents Savings Bank offers fewer details on the source of the breach, but says it’s also issuing mandatory new debit cards.
Watertown Savings Bank is asking customers to be vigilant, issuing new cards upon request.
“The breach included the capture of some of your personal information, such as your name and card number…
…we do ask that you remain vigilant on monitoring your account activity for the next 12 to 24 months and report any unusual or suspicious activity immediately. If you prefer that we issue a new card please contact the bank.”
Mainstreet Bank says the breach occurred “June 28, 2023 through April 26, 2024” and involved personally identifiable or protected data.
“We have reason to believe that some of our customers may have had their card data compromised (which could include card names, numbers, and card expiration dates) in the incident.”
Mainstreet Bank is giving customers who would like to take extra precautions the option to receive a new card.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck Price Action
Follow us on X , Facebook and Telegram
Surf The Daily Hodl Mix
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pump.Fun Sued for Securities Violations
Memecoin factory Pump.Fun is in hot water again, facing a fresh class action lawsuit alleging securities violations.
Cardano founder Wants US Budget on Blockchain
Cardano founder Charles Hoskinson has floated a bold idea
Weekly crypto fund flows drop 72% as Trump's trade tariffs, DeepSeek hit sentiment: CoinShares
Net inflows into global crypto investments dropped to $527 million last week from $1.9 billion the week before, according to asset manager CoinShares.While Trump’s potential tariffs were already an escalating concern last week, the full impact of his weekend announcement is yet to be reflected in the weekly figures.
Utah’s Bitcoin reserve bill could become the first state-level law in the US
Share link:In this post: Utah could soon get its digital asset bill approved, especially since its Economic Development Committee voted in favour of it. Porter and Teuscher expect Utah to be the first US state to establish a Bitcoin reserve. Senator Lummis says their reserved bill has earned more bipartisan support, though they could use a bit more.