Two New Bank Breaches Reported (2024)

PNC, Fifth Third Reveal Incidents Involving Debit Cards Linda McGlassonMarch 23, 2010 Two new breaches of debit card data have been reported by a pair of Ohio-based banks, raising the total number of banking-related data breaches to 22 so far this year.

The first incident occurred with debit cards held by the former customers of Cleveland, OH-based National City Bank, now owned by PNC Financial Services. The second breach, at an unidentified third-party vendor of Fifth Third Bank, has caused the bank to replace affected debit cards for customers in Ohio and Michigan.

Here are the details currently available about these incidents:

National City Bank Hacked
Pittsburgh, PA-based PNC Financial Services says that only former National City Bank debit accounts were compromised in a system wide breach. National City Bank, based in Cleveland, OH was acquired by the $270 billion asset PNC in December 2008.

PNC spokesperson Fred Solomon says current PNC customers were not affected, and the National City Bank debit cards impacted were only in the Cincinnati, OH area. The bank says the customers' debit cards were compromised shortly before the acquisition occurred in 2008. Bank officials were made aware of the data breach last week, says Solomon, who wouldn't say how many customer accounts were compromised or how much money was taken. All open accounts are under enhanced surveillance, Solomon says.

Vendor Caused Fifth Third Card Compromise
A security breach through a third-party vendor has prompted Fifth Third Bank, Cincinnati, OH, to send new debit cards to an undisclosed number of banking customers in Michigan and Ohio. Fifth Third Bank has banking branches in 12 states.

The vendor was not identified, according to Stephanie Honan, media spokesperson for the bank, but last week a limited number of affected customers were sent new cards and a notification letter that stated the debit cards "may have been compromised," yet that other personal data, including Social Security numbers, was not accessed.

Honan wouldn't disclose how many customers were affected, and adds that the card replacements were done as part of the $113 billion asset bank's ongoing monitoring for fraudulent card activity. Honan says no customer suffered any losses, and there was no risk of identity theft.

Two New Bank Breaches Reported (2024)

FAQs

What was the recent breach at Bank of America? ›

Hackers from the ransomware group LockBit stole personal information from Bank of America customers. They did so by hacking into Bank of America's third-party vendor Infosys McCamish's systems. When did the Bank of America breach occur? The breach occurred on November 3, 2024.

What Bank was recently hacked? ›

The Bank of America has not yet revealed how many users were affected by the data breach. However, a letter filed with the Attorney General of Maine disclosed that 57,028 individuals were impacted. This cybersecurity incident emphasizes the importance of securing customer data.

Did Wells Fargo have a data breach? ›

American multinational bank Wells Fargo has informed two of its customers about a data breach. The personal information involved includes names of clients and mortgage account numbers.

What are examples of a data breach choose multiple answers? ›

Read on, and we'll discuss the seven most common types and how they can affect your business.
  • Stolen Information. ...
  • Ransomware. ...
  • Password Guessing. ...
  • Recording Keystrokes. ...
  • Phishing. ...
  • Malware or Viruses. ...
  • Distributed Denial-of-Service (DDoS)

Has US Bank been hacked? ›

Data breach notification letter noted:

After a thorough investigation, the bank concluded on June 2, 2022, that the attackers accessed customer details, including names and social security numbers. The bank mentioned no indication that the breached data had been sold, leaked, or misused.

What is the name of the Bank that collapsed? ›

About the FDIC:
Bank NameBankCityCityClosing DateClosing
Almena State BankAlmenaOctober 23, 2020
First City Bank of FloridaFort Walton BeachOctober 16, 2020
The First State BankBarboursvilleApril 3, 2020
Ericson State BankEricsonFebruary 14, 2020
55 more rows
Nov 3, 2023

What bank is the most secure from hackers? ›

Flushing Bank, a regional institution serving New York City, finished No. 1. Other smaller banks filled out the top 10 along with more familiar names such as PNC (No.

Did Chase Bank have a data breach? ›

The breach of investment banking firm JP Morgan Chase in October has caused the leak of one of the largest number of records to date. It affected an estimated 76 million households and 7 million small businesses, the resulting total of which is already half the total number of households in the United States.

Can hackers see my bank account? ›

They count on moments of vulnerability—when you might never even notice—to break into your bank account. But that's not their only tactic. Hackers can slip through security measures by using tricks like credential compromise and fake public Wi-Fi, and by sending out phishing emails.

Who is the number 1 Bank in America? ›

Chase Bank

What is the Wells Fargo News scandal? ›

Wells Fargo's fake accounts scandal surfaced in September 2016, revealing that employees at the San Francisco-based bank had opened millions of fraudulent accounts, often to meet sales goals.

Can I freeze my Wells Fargo checking account? ›

It only takes 15 minutes to freeze your account. Just visit wellsfargo.com to freeze your account or call 1-800-TO-WELLS (1-800-869-3557). It's best to freeze the account sooner rather than later.

How do I know if I was part of a data breach? ›

One way to determine if your email address has been involved in a data breach or hack is by using online services or tools that specialize in monitoring data breaches. These services regularly scan the internet for leaked databases and can notify you if your email address appears in any compromised data.

Can I claim compensation for a data breach? ›

The GDPR gives you a right to claim compensation from an organisation if you have suffered damage as a result of it breaking data protection law. This includes both “material damage” (e.g. you have lost money) or “non-material damage” (e.g. you have suffered distress).

What is the most common way data is stolen? ›

The 8 Most Common Causes of Data Breaches
  • Weak and stolen credentials.
  • Backdoor and application vulnerabilities.
  • Malware.
  • Social engineering.
  • Too many permissions.
  • Ransomware.
  • Improper configuration and exposure via APIs.
  • DNS attacks.
5 days ago

Did Bank of America glitch sent customers into panic over missing funds? ›

A Bank of America Glitch Sent Customers Into a Panic Over Missing Funds. On Wednesday morning, Bank of America customers began reporting issues with payments processed through the money transfer service Zelle, which led to money disappearing from their accounts.

Did Bank of America data breach may have leaked some customers information? ›

Nearly 60,000 customers nationwide could have had their information leaked, according to the Maine Attorney General's Office. Following a review of the breach, Infosys says it found “no evidence of continued threat.” Bank of America offered a 2-year identity theft protection package to affected customers.

What is the Bank of America ethics scandal? ›

In its investigation, the CFPB found that Bank of America engaged in unfair and abusive acts and practices that resulted in Californians not getting their unemployment benefits at the height of the pandemic, when many people needed the money the most.

What was the controversy over the Bank of the United States? ›

Some, especially in the trans-Appalachian West, were suspicious of banks because they distrusted the paper money issued by them and because banks controlled credit and loans. To them, the Bank of the United States was the worst of them all: a greedy monopoly dominated by the rich American and foreign interests.

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