Reuters on Citibank: UPDATE 1-Citi to replace debit cards involved in Target data breach

From Reuters:

Jan 16 (Reuters) – Citigroup will replace all customer debit cards involved in the data breach at Target Corp, the No.3 U.S. retailer, a spokeswoman for the bank said.

The bank did not replace the debit cards sooner because it wanted to minimize disruptions during the holiday shopping season, the New York Times reported earlier, quoting a person briefed on the bank’s decision. ()

“This is being done as a precautionary measure,” Citi spokeswoman Elizabeth Fogarty told Reuters in an email reply late Wednesday.

Fogarty declined to provide details on the number of debit cards being reissued.

Continue reading UPDATE 1-Citi to replace debit cards involved in Target data breach on Reuters

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