Citibank responds to ATM fraud concerns

Citibank responds to ATM fraud concerns
Tags: Bank / Credit Union, Debit / Credit, Security, Transaction Processing, Trends / Statistics
March 6, 2006

SecurityFocus: A post on blogger Web site Boing Boing suggesting that Citibank may be battling a new ATM fraud issue has garnered some attention. Citibank said in a statement that it "became aware of fraudulent ATM cash withdrawals on Citi-branded MasterCard credit and debit cards used in the U.K., Russia and Canada on customer accounts that had been possibly compromised in previous retailer breaches in the U.S."