FirstBank Canceling Debit Cards Due To 'Possible External Security' Incident

guest · May 13, 2019

FirstBank Canceling Debit Cards Due To 'Possible External Security' Incident; Accounts May Have Been Compromised, The Bank Warns
May 11, 2019
https://viconsortium.com/breaking-news/possible-breach-at-first-bank/

FirstBank, whose presence in the U.S. Virgin Islands is second only to Banco Popular’s, is canceling debit cards as soon as Monday because of what the bank described as a “possible external security” incident that affected the bank.

“Due to a possible external security incident to FirstBank, your debit card number ending in [redacted] may have been compromised. Given this situation, and to reduce the risk of improper access to your account, we will be canceling your card effective on Monday, May 13, 2019.”
The representative said customers will be issued new debit cards autonomically, and advised those with pending transactions to visit a local branch for a temporary replacement.

External threats are usually malicious campaigns that attempt to exploit security exposures in a company’s attack surface that exists outside the firewall. Targeted external threats can compromise employee or customer data security.
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Update
Ms. Alexander said the breach was not of the bank’s omline systems, but that of a number of merchants throughout the territory and beyond — whose identities she decided not to reveal — where FirstBank account holders made transactions. She said so far about 50 FirstBank account holders have been identified as affected, although the number could rise. Emails were sent to all those affected, Ms. Alexander assured.

“As a result and to mitigate the risk, we canceled the cards and are distributing new cards,” Ms. Alexander said.
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FirstBank Canceling Debit Cards Due To 'Possible External Security' Incident

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