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Banks, credit-card issuers warn of email breach

Jazzy

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NEW YORK -With the possible theft of millions of consumer email addresses from an advertising company, several large companies have started warning customers to expect fraudulent emails that try to coax account login information from them.



A dozen companies said over the weekend that hackers may have learned their email addresses because of a security breach at a Dallas-based company called Epsilon that manages email communications.



Among the affected companies are banks such as Capital One Financial Corp., Barclays Bank, U.S. Bancorp and Citigroup Inc., JPMorgan Chase & Co., and retailers including Best Buy Co., TiVo Inc., Walgreen Co. and Kroger Co.



The College Board, the not-for-profit organization that runs the SATs, also warned that a hacker may have obtained student email addresses.



Walt Disney Co.'s travel subsidiary, Disney Destinations, sent emails warning customers on Sunday.



Epsilon said Friday that its system had been breached, exposing email addresses and customer names but no other personal information.



The email addresses could be used to target spam. It's also a standard tactic among online fraudsters to send emails to random people, purporting to be from a large bank and asking them to login in at a site that looks like the bank's site. Instead, the fraudulent site captures their login information and uses it to access the real account.



See full article from DailyFinance: http://srph.it/gQoxRa

 
I think some people don't realize how potentially serious this is.



OK... I can take care of that.



In 2010, Epsilon's parent bought the marketing arm of Equifax... the credit reporting outfit.



Epsilon then began crowing about how this acquisition gave them...



•New data sets, and verticals including telecommunications and financial services;

•Additional scale in database development and hosting;

•Additional clients including several Fortune 1000 companies;

•Additional analytics and delivery optimization expertise; and

•Experienced management to further strengthen Epsilon’s operational and solutions delivery excellence.

http://www.epsilon.com/News & Event...¢s_Direct_Marketing_Services_Division/p812-l3



OK. Fine.



It did.



Until last week.



And now this list of companies is scrambling to do damage control....



http://www.databreaches.net/?p=17374





Meanwhile, millions of people, world wide, are preparing for a new flood of spam and phishing attacks that look more like real contacts from real companies than ever.
 
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