Illinois Bank: Use Cash for Chicago Taxis
Summary: First American Bank in Elk Grove, Illinois advised customers not to use debit or any other cards in Chicago taxis, citing a data breach tied to card processing by Taxi Affiliation Services and Dispatch Taxi, which handle transactions for American United, Checker, Yellow, Blue Diamond and others. The bank said it had seen more than 466 suspicious charges totaling over $62,000 after cards were used in Chicago taxis, had reissued 220 cards, and issued the warning about 18 days after being alerted to the fraud pattern, which shows on cards as "Chi Taxi" and dates to at least early December 2013.
Why it matters: The bank said it made repeated attempts to get payment processors Banc of America Merchant Services and Bank of America to stop processing for the compromised taxi companies until the source was found and remediated, and that those companies had not shared information and appeared not to have stopped the breach.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
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