Mobile Commerce

First Security Bank Issues Cab Breach Warning

05 March 2014

Chicago’s First American Bank recently issued an advisory telling customers not to use their payment cards in local taxis. “We have become aware of a data breach that occurs when a card is used in Chicago taxis, including American United, Checker, Yellow, and Blue Diamond and others that utilize Taxi Affiliation Services and Dispatch Taxi to process card transactions,” the advisory notes.

First American said it reported the breach to MasterCard and has kept them apprised of details as they’ve developed. “We have also made repeated attempts to deal directly with Banc of America Merchant Services and Bank of America, the payment processors for the taxis, to discontinue payment processing for the companies suffering this compromise until its source is discovered and remediated,” the advisory notes.

Breaches have become seemingly more prevalent of late. Click here to visit our webpage dedicated to recent breach coverage.

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