Seeking to reduce the impact of the recent Target and Neiman Marcus data breaches, Union First Market Bankshares is reissuing all affected credit and debit cards to customers.
The decision was a cautionary one, and the bank’s own systems or cards had not been affected, the issuer said in a Jan 21 press release.
“While the security breaches did not compromise any of Union’s systems, Union is taking a proactive step to reissue all debit and credit cards that were impacted by the data breaches at Target and Neiman Marcus,” G. William Beale, Union’s president and CEO, said in a statement.
Beale went on to acknowledge that fraud attempts on cardholders’ accounts have increased since the retailer breaches first came to light.
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Read Union’s complete press release here.
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