Monday, March 3, 2014

Back to the Past - Message from First American Bank - Avoid paying for cab rides in Chicago with credit or debit cards,



This might sound like bad message but, given the context , it looks like the right thing to do.

why?

Here is the public statement from the bank:

“We have reported the breach to MasterCard® and have kept them apprised of details as they’ve developed. We have also made repeated attempts to deal directly with Banc of America Merchant Services and Bank of America, the payment processors for the taxis, to discontinue payment processing for the companies suffering this compromise until its source is discovered and remediated. These companies have not shared information about their actions and appear to not have stopped the breach.”


The link below has more details:

http://krebsonsecurity.com/2014/03/illinois-bank-use-cash-for-chicago-taxis/

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