Data Breach at Scottrade Affects up to 4.6 Million Customers

Data Breach at Scottrade Affects up to 4.6 Million Customers

October 2, 2015         Written By John H. Oldshue

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.


john-oldshue

About John H. Oldshue

John Oldshue is the creator of LowCards.com. He worked for over 15 years in television and won an Emmy award for his reporting. He covers credit card rate issues for LowCards.com.
View all posts by John H. Oldshue
Featured Limited/No Credit
Top Features : No annual fee; reports to major credit bureaus; access to higher credit line after making first 5 monthly payments on time
Featured Fair Credit Card
Top Features : No annual fee; access to higher credit line after making first 5 monthly payments on time
Featured Low Interest Card
Top Features : 1.25X miles on every purchase; no annual fee; bonus of 20,000 miles once $1,000 is spent in first 3 months
Featured Cash Back Card
Top Features : 1.5% cash back on all purchases; $150 bonus after spending $500 in first 3 months
Featured No Annual Fee Card
Top Features : 2% cash back on purchases: 1% when you buy plus 1% as you pay; 0% APR for 18 months on balance transfers
Featured Bad Credit Card
Top Features : Perfect credit not required; Reports to major credit bureaus