Ameritrade Data Breach: Identity Theft Possible

Online brokerage TD Ameritrade Holding Corporation announced Friday that one of its databases containing customer contact information was hacked. The company has since discovered how the information was stolen and changed their computer code.

Ameritrade insists only contact information was stolen and that even though information such as Social Security numbers, account numbers, and dates of birth were in this database, they found no evidence of it being accessed or taken. Ameritrade says there is no evidence that identity theft has resulted from this data breach.

While the fact that only contact information appears to have been taken from this Ameritrade database doesn't seem to be such a big deal. Identity theft is still possible. Ameritrade customers should be aware of scams that could result from this including callers claiming to be a credit card or bank representative or phishing scams they can receive through email.