UPDATED 1/16/2014 – Important Information Regarding Target Store Credit and Debit Card Data Breach

UPDATE: Target has now stated that additional customer information was compromised during their recent point-of-sale (PoS) credit/debit card data breach. This information includes, names, addresses, phone number and email addresses. Although this consumer data is not card related, we anticipate an increase in phishing scams. As you know, phishing refers to criminal activity that attempts to fraudulently obtain sensitive information, such as social security number, driver’s license, credit card information, or bank account information via phone and/or email. Please be aware of phishing scams. Also note that Severn Savings Bank will never request personal or financial information via email. If you have any concerns contact the Customer Service number located on the back of the card in question.

As many of you are already aware, Target Brands, Inc. announced on December 19, 2013 that an incident occurred in which customer credit/debit card information was compromised. Target stated that the compromised information included customer name, credit or debit card number, and the card’s expiration date and CVV (the three-digit security code).

If you shopped at Target between November 27, 2013 and December 15, 2013, you should check your transaction accounts (e.g., credit cards, debit cards), utilized at Target Stores during that timeframe, for any suspicious or unusual activity. If you see something that appears fraudulent relative to your Severn Visa® Debit Card transaction activity, please contact the Severn Savings Bank Solution Center (#410-260-2112) and/or your primary branch location.

Target has stated that they have identified and resolved the issue of unauthorized access to payment card data, that their investigation of the incident is continuing, and that they are considering additional measures to help prevent incidents of this kind in the future.