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Citi Credit Card Data Hacked

Posted By Jim On 06/14/2011 @ 2:17 pm In NEWS | 8 Comments

Last week, while I was away on vacation, I received a call from Citibank about my credit card. Since I wasn’t keeping up to date on the latest financial news and gossip, I wasn’t aware that Citi had been hacked [3]. Normally, when systems get hacked like this, I’ve dodged the bullet. This time, I wasn’t so lucky because my Citi mtvU card [4] was a victim, part of the lucky 1% of North American credit card holders. While on the phone with Citi, they agreed to ship out a new card to me as soon as possible, which is standard procedure.

What gets a little annoying is that replacing a card, especially one so intertwined in my financial network map [5] is time better spent elsewhere. This does, however, force me to update my map to reflect it’s current state – something I’d been too lazy to do. Thankfully, due to my desire to simplify our finances, the updated map has fewer lines on it.

What’s not cool is how Citi allegedly knew about the hack [6] for weeks before going public.

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[1] Tweet: http://twitter.com/share

[2] Email: mailto:?subject=http://www.bargaineering.com/articles/citi-credit-card-data-hacked.html

[3] Citi had been hacked: http://dealbook.nytimes.com/2011/06/09/citigroup-card-customers-data-hacked/

[4] Citi mtvU card: http://links.ncsreporting.com/redirect.aspx?cr=100748&of=273&af=105970&ac=100

[5] financial network map: http://www.bargaineering.com/articles/financial-network-map.html

[6] knew about the hack: http://consumerist.com/2011/06/report-citi-knew-about-credit-card-hack-for-weeks-before-going-public.html

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