Banking Nightmare: Chase Glitch Gives Online Access to Random People

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Have you ever wondered what would happen if hackers got into your bank account? What if YOUR BANK ITSELF let someone into your account? While hackers may be scary, the scarier prospect is your bank’s online system allowing access to random people.

As of this afternoon, that’s actually what happened to my fiancee. According to the Customer Service Representative we spoke with, it’s been happening to other people today as well.

Here’s what happened: We’ve been doing our taxes all day and Lady Fly&Dine had to check her Year-End Statement on one of her Chase cards. She used the same credentials she always uses but instead of landing in her account, she wound up in the account of a guy from New Jersey. We could see his credit cards, his login details, his addresses, his phone numbers, and every other piece of sensitive information that’s lurking in your online bank account. Sorry, Lev, but you might want to call Chase if you recognize this account…

We immediately called Chase to alert them of the problem and the Customer Service Rep didn’t even seem that concerned. In fact, he said that other people had been calling in with this issue today, too, and jokingly speculated that “someone was going to have a bad night.” Luckily for our friend Lev (or unluckily as the case may be), he only has two credit card accounts and they both have balances to be paid. If he — or anyone else — had checking or savings accounts, though, whomever got access to the account could simply transfer it out using Quickpay and then *poof!* the cash would be gone forever. What a nightmare.

Hopefully Chase recognizes how absolutely serious this problem is for them and their customers. I imagine it’s one of the biggest worries that bankers had when online banking began. If our money isn’t safe in our online accounts, we’re going to all have to start thinking about a better way to store our savings. Bitcoin? Gold bars? Is a new banking future on the horizon? All I know is that I hope Chase fixes this FAST.

To read the original article:

http://flyanddine.boardingarea.com/chase-glitch-random-access/

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