Target has created a website with updates on the data breach that occured in their stores in late 2013.Phishing and text message scams can be common after a data breach like the one Target recently experienced. Don't be fooled by fraudulent emails appearing to be from Target that ask for sensitive financial and personal information. This resource website also now includes official Target email correspondence. Please click here to visit the Target response website.
Original article posted 12/19/13:
MSUFCU was notified of a breach of credit and debit card data at nation-wide retailer Target between the dates of November 27 and December 15, 2013. We are still working to determine the impact this will have on MSUFCU members. Account security is a top priority for MSUFCU and we are taking every precaution to ensure our members’ financial security.
Members who believe they may be affected by the compromise are encouraged to contact MSUFCU as soon as possible:
Our representatives are available to assist members in taking the necessary precautions to protect their accounts. MSUFCU members who experience fraud on their MSUFCU account will not be held liable due to Visa’s zero fraud liability protection as long as it is reported to us as soon as possible.
It is not likely that all who shopped at Target during the above timeframe will be affected, but we’d like to remind our members to be diligent in regularly monitoring their MSUFCU accounts. There are many monitoring options available to our membership:
eAlerts – Receive text or email notifications regarding your account balances, activity, and more.
V.me by Visa – In addition to providing a virtual wallet for online purchases, V.me offers an alerts option if you would like to be notified by text message or email when a transaction has been made on your Visa debit or credit card.
Should you see any suspicious transactions or preauthorizations on your MSUFCU account, please contact us immediately so that we can take the necessary precautions to protect your account.
Global Payments, Inc., Breach Affects Some MSUFCU Cardholders
Last week Global Payments Inc., a payment processing firm, suffered a security breach, compromising credit & debit card information from all major brands, including Visa - MSUFCU's credit and debit card provider.
This security breach affects some MSUFCU cardholders. MSUFCU will notify the affected members with a letter sent via U.S. Mail and will proceed in blocking the existing cards and issuing new cards.
Global Payments, Inc. believes that the affected portion of its processing system is confined to North America and less than 1,500,000 card numbers may have been exported. As of April 2, the investigation has revealed that the cardholder names, addresses, and social security number were NOT obtained by the criminals. The company has also stated that they believe the incident has been contained.
MSUFCU members can rest assured that our systems have not been hacked or compromised. MSUFCU member information is secure in our systems.
If you have questions or concerns about your account, please do not hesitate to contact us online, by calling 517-333-2424, or by visiting an MSUFCU branch.