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BofA Says Some Clients’ Debit-Card Accounts Were Compromised

Thursday, August 18, 2011 - 2:16 PM
From Bloomberg
Bank of America, the biggest U.S. lender by assets, sent some customers new debit cards this week after accounts may have been compromised at a merchant.

Customers are given new account numbers as a precaution if fraud monitoring detects potential security breaches, said Betty Riess, a spokeswoman for the Charlotte, North Carolina-based company. Bank of America’s actions were in response to an “isolated” incident, said Riess, who declined to comment on how many accounts were affected.

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