Data Breach at Scottrade Affects up to 4.6 Million Customers

October 2, 2015, Written By John H. Oldshue
PASADENA CA/USA - JUNE 21 2015: Scottrade exterior sign and logo. Scottrade is a privately owned American discount retail brokerage firm.

Scottrade, an online discount brokerage firm, confirmed it was the victim of a data breach that took place during late 2013 and early 2014.

The breached database contained customer Social Security numbers, email address and other sensitive information, but the firm said it appeared that only names and street addresses were compromised.

The brokerage firm currently has 3.1 million clients, but put out a notice to 4.6 million past and current customers that they did not believe “trading platforms or any client funds were compromised. Client passwords remained fully encrypted at all times and we have not seen any indication of fraudulent activity as a result of this incident.”

Scottrade is working with a computer security firm to determine the full extent of the breach in addition to strengthening its network.

The firm is offering all their customers a year of complimentary identity protection services through AllClear ID.

The information contained within this article was accurate as of October 2, 2015. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.