Friday, April 15, 2005

Hacked

Yesterday hubby told me that GM had a security breach and that over 180,000 accounts were stolen. Today we were informed that our account was one of them. Great. So they shut down our account. We will now be getting new cards in the mail with a brand new account number. If you read the news story it seems that the theft of account information happened through the Polo Ralph Lauren store. Now I am wondering how this is all tied together because we have never ever shopped in their store or ordered online from them. (If only I had that kind of money to toss around!) So I have to wonder if this is in fact the store that the credit card numbers were stolen from. Curious that they are not releasing the information about which store it was yet. It makes me think that they are withholding the information for one of two reasons. One being that the investigation is not complete, so they don't want to get any false leads, etc. by releasing too much info. And the other reason being the integrity of the store. I mean if you shopped at XYZ and then found out that XYZ's credit card transactions were not secure, you would more than likely think twice about shopping there again. And if you did shop there it would probably be a cash transaction, so you would avoid the whole credit card issue. If you have a GM card, you may want to call them up and see if your account was one of the ones that was breached. We only found out because hubby emailed them. Apparently they are just closing accounts without telling the customer and issuing them new cards at the same time they close the account. You don't want to get to the store just to find out that your card is no good anymore.

2 Comments:

Anonymous Sue said...

Yes, I read that on MSN online yesterday, and that is right, they are just closing accounts...how embarrassing would that be to be in line at a store and get declined? I wondered about it, but luckily, I no longer have that GM card. Good luck...do you find out if anything happened, or just wait till your next statement?

4/15/2005 11:15 AM  
Blogger justcinful said...

They told us that no one had used our account, but they were just closing them all anyways since the information was leaked. So I don't have to worry aabout any fraud. Thank goodness!

4/15/2005 11:45 AM  

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