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Bank of America Denies Breach

The incident involves more than $100,000 in fraudulent transactions, a local news report says. Bank of America has not released any information about debit fraud, a spokeswoman says. How the cards may have been compromised, such as via a skimming attack, also not known. The Payments Authority in Michigan heard reports last week of local BofA branches being overwhelmed with customers who believed their debit cards had been compromised. “I’m just not sure what. I don’t know if it was an internal breach or if their system was compromised from an outside source,” an official says.”]

Source: https://www.inforisktoday.com/bank-america-denies-breach-a-3479

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