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Local Debit, Credit Cards Compromised

By Staff | Jan 22, 2009

Financial institutions in Palo Alto County, as well as around the United States, are scrambling to notifify account holders with debit and credit cards about the possibility of those account numbers being stolen. It was revealed by officials of Heartland Payment Systems of Princeton, NJ, on Wednesday, Jan. 21, that their computer system had been infiltrated with a software program that collected credit card and debit card account numbers during 2008.

Locally, financial institutions began receiving notification of the incident late Wednesday, and many institutions have been working since that time to identify account holders whose information may have been compromised. Officials of the Iowa Trust and Savings Bank in Emmetsburg and Cylinder report up to 700 card holders may be affected by the security breach in New Jersey.

Officials of the Iowa State Bank in Ruthven, Laurens State Bank in Emmetsburg and Laurens and Farmers State Bank in West Bend and Whittemore also report notification of possible compromised accounts through their respective institutions.

As a result, financial institutions are contacting account holders individually to explain the situation if it is determined their accounts have been compromised.

Customers with such accounts will be issued new account numbers and cards as soon as possible. For more information, persons should contact their respective financial institutions.

A more complete story will appear in the Jan. 27 issue of The Reporter