Active participation is key to minimizing risk of account fraud
Target on Thursday announced that 40M credit and debit card
accounts may have been affected by a recent data breach. While not directly affected
by this breach, Eaton Family Credit Union encourages its members to actively
participate in efforts to minimize the risk of fraudulent activity on their accounts.
According to Target's news release,
customers who swiped their cards at terminals in its U.S. stores between Nov.
27 and Dec. 15 may have had their accounts exposed. The stolen data includes
customer names, credit and debit card numbers, card expiration dates and the
three-digit security codes located on the backs of cards.
Eaton Family Credit Union provides Visa-branded credit cards
processed by Fidelity Information Services, (FIS), which acknowledged the breach
in an announcement to its partners stating it does not provide services to Target, and
therefore, is not part of this breach.
Though FIS is not involved in the breach, it’s participating in the evaluation
and identification of any fraud trends that may be attributed to this event. The
company anticipates this process will take several weeks and has said it will
provide additional alerts
as information becomes available from the card networks.
In addition to the measures
Target and FIS are undertaking currently, Eaton Family Credit Union encourages our members to vigilantly monitor
their accounts and immediately report suspicious activity to the appropriate
fraud services team of the account appearing to have been compromised. Members
also are reminded they already have means available to them to minimize risk:
· Watch for compromised card alerts or notices from us and heed the advice to ensure that appropriate action is taken to
safeguard your account.
· Use all the personal banking tools available to you. Visiting
a branch and reviewing your monthly-printed statement is a start. Home and
mobile banking allows instant and secure access, 24/7, to your accounts.
· Frequently review the transaction history of each account,
especially credit cards. Sign up for our EZCardinfo.com that provides
real-time access to your Visa card issued by Eaton Family Credit Union.
· Use an identity theft service to prevent, detect and resolve
threats to your accounts. They are low-cost, web-based, easy to use and
effective. Learn more here.
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