ID theft - bank finds a way to profit

Thursday, 28 July 2005, 2:34 AM EST

Federal regulators say Wells Fargo jeopardized the personal information of hundreds of thousands of customers through a string of security breaches over the past two years. Wells in turn has found a way to profit from the problem.

The San Francisco bank, in conjunction with marketing behemoth Trilegiant, is offering a new service called Wells Fargo Select Identity Theft Protection. For $12.99 a month, this includes daily monitoring of one's credit files and assistance in dealing with cases of fraud.

By David Lazarus at SFGate.

[ Read more ]

Related items




Spotlight

Biggest ever cyber security exercise in Europe is underway

Posted on 30 October 2014.  |  More than 200 organisations and 400 cyber-security professionals from 29 European countries are testing their readiness to counter cyber-attacks in a day-long simulation, organised by the European Network and Information Security Agency (ENISA).


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Fri, Oct 31st
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //