HOLY SHIT!!! This is bigger then I thought. This problem originated with CitiBank and the story broke last week. It was such a bad security breach that CitiBank locked out ALL atm/check cards issued in the United States and Canada, requiring customers to go into a branch to change their PIN#. Now think about that... imagine if you were travelling and your only way of accessing money was just locked out, and the only way to get it unlocked is to return to the United States. LAME. But now Wells Fargo and BofA are in this as well?
This is being used in certain circles(specifically computer/network security) as evidence that these companies do not care about the security of their accounts, or their customers. Already identity theft is a problem in this country, and nothing is done about it despite counter-measures being available and already implemented in other parts of the world. And then stuff like this happens that shows just how vulnerable we are.
Vote with your dollars, take your business to a local credit union.
Update: Here is some linkage:
Debit card fraud outbreak raises questions about data breach: Major credit card associations and financial institutions are saying little
"The continued refusal by major credit card associations and financial institutions to identify the source of a data compromise that has resulted in a wave of debit card fraud worldwide is fueling concerns about the scope of the problem. "
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