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Snowy
Lock him up!!!
Premium Member
join:2003-04-05
Kailua, HI

1 recommendation

Snowy to Name Game

Premium Member

to Name Game

Re: Data breach affects 73,000 TD Bank customers in Mass.

"Waiting seven months to speak up after a security failure, says Linda Conti with the Attorney General's Office, is a little unusual. The statute allows for "reasonable and prompt" investigation, and only allows for a lengthy delay if law enforcement is involved.

Conti says that the Secret Service is the organization that handles such data breach investigations, and so far, she is not aware of its involvement.
"
»www.mpbn.net/News/MaineN ··· ult.aspx

Even more unusual is the spin from TD Bank

""What I really want folks to know and understand is that there is no evidence that the data on these tapes are being used in any inappropriate way. That there's no security breach," Acevedo says"

For sure TD Bank is not aware of the ID history of a quarter million of it's customers spread across the country over the past ~7 months but they would have a sense of any spike in abuse occurring within their system.
The problem with that is the security breach can have adverse affects on the victims without abusing the affected TD Bank accounts
In the harshest light it looks as if TD Bank doesn't consider it a security breach as long as it doesn't affect them.
In the kindest light it makes them look like Bozo's.
Any of the not-notified-in-a-timely-manner victims that suffered any ID abuse over the past ~7 months is going to be blaming TD Bank whether it's accurate or not.
They banked on finding the tapes but lost that bet.
Too bad they were betting with other people's stuff.

Reporting requirements need to be overhauled if this much leeway is allowable.

Name Game
Premium Member
join:2002-07-07
Grand Rapids, MI

Name Game

Premium Member

Banks are in Denial.....

Natwest's Get Cash app pulled, but NOTHING to do with frauds

Yes there were frauds, yes it is pulled, but NO NO NO

Mobile app..oops !
»www.theregister.co.uk/20 ··· removed/