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Bank of America Clarifies Breach

February 16, 2012
Total Loss: TBD

Bank of America now says the suspected breach of credit card data it reported earlier this month is likely linked to a third-party merchant - not a third-party service provider.

In response to previous coverage of the breach, the bank clarified the suspected source, adding that the incident was isolated.

"This would have been an isolated incident at a third-party merchant (like a store) that may have impacted a very small number of cards, not a security breach at Bank of America or one of its vendors," says BofA spokeswoman Betty Riess in an e-mailed response.

Source: Bank Info Security
Posted in: Account Takeover Identity Theft