eBay customers’ personal data was compromised in March

Re:eBay customers’ personal data was compromised in March by simplestyle on Wednesday May 21, 2014 @11:16AM (#7778662)

For those of us who don't have this setup, suppose this kind of breach does occur and money is taken from a checking account. Is this covered by the bank somehow? Can that money be returned?

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Re:eBay customers’ personal data was compromised in March by leorocky on Wednesday May 21, 2014 @11:25AM (#7778719)

Depends on the bank, but it's definitely not protected by law the way a credit card is, at least in the US. That goes for debit cards too by the way.

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Re:eBay customers’ personal data was compromised in March by schrodinger on Wednesday May 21, 2014 @11:58AM (#7778915)

I've had my debit card used at least half a dozen time by thieves (they must skim the magnetic information off it at gas stations or something), including a thousand dollar charge at an ATM while I was abroad.

In every case Chase refunded me in full within a few days. This isn't something every bank does?

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Re:eBay customers’ personal data was compromised in March by danielweber on Wednesday May 21, 2014 @02:32PM (#7779916)

In the US, consumer level accounts are protected against unauthorized withdrawals. (The bottleneck for the crooks is finding a sucker who will change a reversible transaction into an irreversible transaction.)

It might take you some time to get it back, but the bank is legally required to get it back to you.

For business accounts this protection does not apply.

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