JP Morgan has warned almost half a million of its pre-paid cash card users their personal information may have been stolen in a hacker attack.
The bank believes critical information like social security numbers; birth dates and email addresses were not affected. Such data is used in identity theft, allowing criminals to open bank accounts and obtain credit cards.
Client information is securely encrypted or scrambled, but the central computer’s log activity temporarily appears in plain text files, and this is what was hacked.
The 465,000 affected UCards are used by corporations to pay salaries and by government agencies to issue tax refunds, unemployment compensation and other benefits.
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