Scottrade Security Breach Hits 4.6 Million Customers

In an email sent to customers, St. Louis-based Scottrade said it recently heard from federal law enforcement officials about crimes involving the theft of information from Scottrade and other financial services companies.

“Based upon our subsequent internal investigation coupled with information provided by the authorities, we believe a list of client names and street addresses was taken from our system,” the email notice reads. “Importantly, we have no reason to believe that Scottrade’s trading platforms or any client funds were compromised. All client passwords remained encrypted at all times and we have not seen any indication of fraudulent activity as a result of this incident.”

The notice said that Social Security numbers, email addresses and other sensitive data were contained in the system accessed.

While the company is offering affected customers a free year of identity theft protection, it is unclear whether or not that will do any good since the customer data was stolen over a year ago.

Limited details may be found at https://goo.gl/vecIBy.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s