Citibank ATM Network Breach
July 3, 2008
Between October 2007 and March 2008, thieves stole millions from Citibank’s network of ATM machines in 7-Eleven retail stores. They successfully accessed PIN codes from an undetermined number of accounts. There are nearly 5,700 Citibank-branded ATMs inside 7-Eleven stores throughout the United States. The thieves were apprehended and allegedly made $2 million in illegal profits.
What’s more disturbing is that such data intrusions often go unreported.
When it comes to ATM cards, I strongly advise:
- Do not tie multiple accounts to your PIN code.
- Keep a limited amount in the account.
- Use common sense to keep your PIN code safe (i.e. obscure code, don’t tell anyone)
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