Major bank TD Bank recently announced a data breach affecting customer information. A former employee accessed and shared sensitive data between August and December 2022.
What Happened?
The breach involved the unauthorized access and sharing of customer data, including names, contact information, birth dates, account numbers, and transaction details. The bank has fired the employee and is working with law enforcement to investigate. While the exact number of affected customers isn’t public, at least eight Massachusetts residents were impacted.
What’s TD Bank Doing?
To help customers, TD Bank is offering free memberships to a fraud prevention service and is streamlining the process of closing and opening new accounts. Customers may also be able to place a security freeze on their credit reports.
The Bottom Line
This incident highlights the ongoing risk of data breaches, even at large financial institutions. TD Bank’s response includes offering additional security measures to help affected customers. Remember to monitor your accounts and credit reports closely.
