• Breach

  Filed under General
  Jul 10

  by Andrea

  When information contained on a debit card has been compromised by way of data breach, federal law provides that the consumer has sixty (60) days from when the bank or credit union sent the statement on which the unauthorized transaction appears, for the consumer to notify the bank or credit union about the unauthorized transaction. If the consumer fails to notify the bank or credit union of the unauthorized transaction within this time, the consumer is liable for the unauthorized transactions on their account. It is always very important for consumers to check their bank statements carefully. However, they should be especially vigilant now because of the recent Hannaford data breach.
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