Credit unions continue to monitor potential effects from a data breach involving 165 Hannaford supermarkets in New England and New York, and 106 Sweetbay stores in Florida.
Paula Stopera, Capital Communications CU CEO in Albany, said that the credit union has about 13,000 members who shopped at Hannaford stores during the period in which card information was compromised--Dec. 7, 2007 to March 10.
The credit union responded to news of the breach by sending letters to all members. The good news is that members are covered under the Visa zero liability protection, she said. If the credit union finds fraud on the accounts, it will block and re-issue cards. Replacing the cards could cost up to $100,000, Stopera said.
The league heard about the breach through alerts from Visa and MasterCard Friday, but the companies did not confirm the retailers involved. Hannaford has 40 stores in New York, Sklar said.
During a conference call yesterday, the Florida Credit Union League (FCUL) asked the Office of Financial Regulation in Florida if it had heard about any breach ramifications. The office had not heard of any losses from credit unions as a result of the breach.
The grocery's credit union, Hannaford Associates FCU, Scarborough, Maine, placed a warning on its website about the breach. To date, none of the credit union's cardholders have been affected, and cards are protected by MasterCard and Visa zero liability standards.
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