Thursday, January 25, 2007

Winners security breach hits home

The Globe & Mail is reporting that significant fraud has been linked to the Winners information breach: Winners security breach hits home

Thousands of Canadian credit-card holders have been victimized by fraud after a security meltdown at the U.S. parent company of retail chains Winners and HomeSense, according to sources in the financial community.

They suggested that number could rise as banks and other credit-card issuers continue to gather information on what has become one of the most high-profile privacy thefts in recent memory.

“We have seen fraud on some of those accounts that we can directly link back to [the breach],” said an official with one card issuer, who cautioned his company is still determining how many of its clients could be left vulnerable by the hacking incident. He added that issuers are directly contacting any customers whose cards appear to have been used fraudulently.

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