Meant to Combat ID Theft, Unemployment Benefits Letter Prompts ID Theft Worries
Summary: U.S. Bank mails generic form letters to unemployment applicants and current or former ReliaCard holders when its system detects an address change, and the letters name neither the issuing bank nor the card involved. KrebsOnSecurity reported that the bank disburses unemployment funds in at least 17 states through the ReliaCard prepaid debit card, and that recipients have mistaken the letters for identity theft notices or scams.
What you should know: A letter meant to confirm an address change and combat identity theft instead reads to recipients as evidence of it, and the bank said it would keep the letters generic to protect cardholder privacy while its teams look at adding more specific information.
Read the original at Krebs on Security ↗
- Topics
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