Citi Leak Nearly Twice as Big

    The Citibank logo is shown on a branch office in this April 11, 2007 file photo taken in New York. Citigroup Inc. said Thursday June 9, 2011 that hackers have accessed the credit card information of tens of thousands of its North American customers. The New York-based bank didn't say exactly how many accounts were breached.

    Mark Lennihan / AP Photo

    Citigroup could learn a lesson from Anthony Weiner: if you mess up, admit the whole truth as soon as possible. Instead, the bank is again facing harsh criticism over a hack attack that exposed customers’ credit-card info. First, the bank didn't acknowledge the leak for three weeks; then it said only about 200,000 accounts were affected. But in a statement late Wednesday, Citi said the real figure was more than 360,000. That’s still a small fraction of the approximately 23.5 million credit-card accounts the company has in North America. Citi says that hackers didn’t get enough information to actually use the cards for fraud.

    Read it at The Wall Street Journal