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Financial Privacy

News Story
1/25/2014
Posted by Mark Reback
Personal information about at least 74,000 current and former Coca-Cola employees may have been compromised after company laptops were stolen, the beverage giant said Friday. Social Security numbers for about 18,000 employees, former workers, contractors and vendors in the United States and Canada were on computers recovered from an ex-employee...
News Story
1/23/2014
Posted by Mark Reback
Click here to listen to the audio of this radio broadcast segment. The security breaches at Target and Neiman Marcus have raised questions over how quickly companies are required to disclose that customer information was hacked. Joe Raedle/Getty Images You might think that retailers have to let you know right away if they get hacked...
News Story
1/20/2014
Posted by Mark Reback
In theory, stores must notify their shoppers about data theft A decade of lawmaking by states to ensure customers are told when their data has been hacked still lets companies such as Target wait weeks or even months to disclose security breaches. Forty-six of 50 U.S. states have passed laws requiring disclosure, but the laws vary in terms of...
News Story
1/16/2014
Posted by Mark Reback
Most states have their own "security breach laws" requiring companies to notify consumers if their credit card numbers have been stolen The recent data breach at Target highlights the growing role of states in protecting people's online data and privacy. Attorneys general in Connecticut, Illinois and New York are leading a multistate...
Video
1/11/2014
Posted by Consumer Watchdog Admin
Department store Neiman Marcus confirmed that its database of customer information was hacked last month. The data breach occurred around mid-December, the same time as the Target attack. John M. Simpson of Consumer Watchdog speculates on the delay of announcement.
News Story
1/11/2014
Posted by Mark Reback
NEW YORK (CNNMoney) — Think twice next time a store asks for your phone number, email or zip code. If you fork it over, you're feeding the beast of consumer data collection -- and putting your own information at risk. Target's disclosure that credit card thieves hacked a database of 70 million customers is a wake-up call. "It...
Video
1/10/2014
Posted by Consumer Watchdog Admin
Target's massive credit card breach reported last month may be worse than previously thought. From November 27 to December 15 one of the most high-profile attacks in recent years,  the attack affected as many as 70 million individuals, as many as 40 million credit and debit cards were reported stolen last month. Consumer Watchdog's...
Video
12/23/2013
Posted by Consumer Watchdog Admin
Chase Bank notified customers who used its debit cards at Target stores during the retailer's recent security breach that it was limiting the use of its cards during the busy holiday shopping season.  The new limit affects roughly 2 million accounts, or about 10 percent of Chase debit-card holders. The limits will remain in place...
Video
12/23/2013
Posted by admin
Chase Bank is keeping a close eye on customers' ATM activity following the credit and debit card security breach at Target stores. KCAL9's Melanie Woodrow reports.
News Story
12/22/2013
Posted by Mark Reback
2M customers face lower purchasing, ATM allowances At least 2 million shoppers who used debit cards at Target Corp. stores during its recent data breach are facing lower limits on how much cash they can take out of ATMs and spend at stores. JPMorgan Chase & Co. said Saturday that it is notifying customers who used Chase debit cards at Target...