Tuesday, March 07, 2006

Citibank Issues a Statement

Citibank has issued the following statement:

"Recently, we became aware of fraudulent ATM cash withdrawls on Citi-branded MasterCard credit and debit cards used in the UK, Russia and Canada on customer accounts that had been possibly compromised in previous retailer breaches in the US. To protect customer accounts that were affected, we placed a special transaction block in those three countries on PIN based transactions. We are currently reissuing cards, as appropriate, to affected customers. Protecting our customers' accounts and personal information is one of our highest priorities."