Bank CEO To Schnucks Shoppers: Stay Vigilant
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ST. LOUIS (KMOX) - Some advice this morning for those who may have had their credit card information stolen after shopping at Schnucks: don’t let your guard down.
Even though the supermarket chain has “found and contained” the issue, Montgomery Bank CEO Ken Witbrodt says the threat is not over. He says those who engage in this kind of crime, don’t cash in their chips all at once.
“They’ll ascertain a group of numbers but they’ll only produce a small fraction, a reasonable fraction of those numbers and then they wait until that first wave is over and people kind of drop their guard. Then they’ll produce a second wave,” Witbrodt said.
Witbrodt says the only way to make sure you will not be victimized again in the future is to cancel the card you used at Schnucks and get a new one.
“We don’t know how many they got in the original breach and how many imposter cards they produced,” he said.
Schnucks Markets announced over the weekend that it was the victim of a cyberattack that led to reports of unauthorized access to customer’s payment card information. The supermarket chain says a computer forensic firm found evidence of computer code that would capture the magnetic stripe data on the back of payment cards.
Schnucks Chairman and CEO Scott Schnuck says they have identified the issue, and are cooperating with law enforcement, the Missouri Attorney General’s office and the credit card companies to determine the magnitude of the crime.
Schnuck says customers can continue using credit and debit cards at stores, and they apologize for any inconvenience.