Cards Cancelled After SecurityAlert

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CORVALLIS, Ore. - (01/25/06) -- Several area credit union and bankscancelled debit cards this week after a security alert from Fair,Isaac & Co. indicated the cards may have been compromised. OSUFCU cancelled 1,200 of its members cards and began reissuing themimmediately after the accounts were flagged, according to CarlynRoy, chief operating officer for the $400 million credit union. Thenotice from Fair, Isaac last Friday came a few days after thecredit union detected some transaction activity on its accountsfrom eastern Europe. "We saw some activity coming out of Russia themiddle of last week so we put a block on those cards," Roy told TheCredit Union Journal. She estimated a 'handful' of her creditunion's accounts had been used by unauthorized third-parties. OSUFCU opened a branch last Saturday where it performed instant cardissuance for affected members, she said. By Tuesday about 755 ofthe cards had been replaced. Other institutions affected wereBenton County Schools CU, Central Willamette Community CU andCitizens Bank.

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