Tammy on February 22, 2018
Sigh. Not a hacking, just their screw-up. I’m sure that doesn’t make their customers feel any better. Via NY Post. A bizarre glitch in Chase’s website late Wednesday briefly gave some of the bank’s customers access to other people’s accounts instead of their own. The temporary computer bug directed the Wall Street bank’s customers into the online accounts of other users, exposing their checking, savings and credit card accounts, as well as other personal information. “Today, I logged in using my own account information and the Chase system instead logged me into an entirely different person’s account, a person I have no knowledge of,” a Reddit user posted on Thursday morning. Other users confirmed that they found themselves mysteriously logged...
Tammy on September 28, 2016
Good move. There have to be repercussions for what Wells Fargo did, and I’m not talking fines which are meaningless in a case like this. This at least is a start. I don’t think anyone will actually begin to take notice until people are put in jail. But then again there is no rule of law in this country so why should we expect that to happen? Via Bloomberg. California, the nation’s largest issuer of municipal bonds, is barring Wells Fargo & Co. from underwriting state debt, from its banking transactions and in its investments after the company admitted to opening millions of bogus customer accounts. The suspension, in effect immediately, will remain in place for 12 months, State Treasurer...
Tammy on April 9, 2016
Not kidding. Regular Americans must be stopped from taking out $1001 at a cash machine because it’s probably shady, but Iran getting $150B is just fine. The new ATM rule, fr the moment, applies to non-Chase account holders. Give it a little while and I bet it’ll apply to Chase accounts sooner than later. Do read the whole article and click through there to the original WSJ report. Via Gizmodo. As flesh-and-blood bank tellers disappear, ATMs are becoming the only way to get access to your cash. But new limits from Chase on how much you’re allowed to withdraw are a privacy advocate’s nightmare come true. According to the Wall Street Journal, Chase is limiting cash withdrawals for non-customers to...