The Wells Fargo statement snafu is the sort of thing that slips through institutional cracks. The bank is providing all affected customers with a year’s worth of free ID theft protection. Financial institutions, as card issuers, have their hands full trying to come up with better ways to thwart card fraud and protect the customers who are adversely affected when card fraud does occur. People are distracted and we all get sloppy, but we can’t afford these lapses, writes CNN Tech Hero John Sutter.”]
Source: https://www.cuinfosecurity.com/blogs/wells-debacle-lesson-p-1108