of citibank replaces credit cards

Citbank replaces credit cards: CITIGROUP has started sending replacement credit cards to its customers, apparently in response to a massive security breach at a payment processing company. Dozens of banks across the nation have said their customers were involved in the Heartland breach and have issued new cards to consumers.

Heartland Payment Systems revealed on Jan 20 that its system used to process Visa, MasterCard, American Express and Discover Card transactions was breached late last year.

The Princeton, New Jersey, company said the breach did not involve merchant data, cardholders' Social Security numbers, unencrypted personal identification numbers, addresses or telephone numbers.