Scottrade Breach Affects 4.5-million Customers

October 5, 2015 Logan Bibby

Scottrade is a large, primarily online stock trading website. They were informed by unspecified law enforcement officials of the breach which occurred between late 2013 and early 2014 and compromised the personal information of 4.6-million customers.

The data compromised includes Social Security numbers, e-mail addresses, and “other sensitive data.” It’s reported the attack was focused on client names and addresses, so I would presume those would be included.

They do not believe that any part of their trading platform including client funds and passwords were compromised.

Notifications have been sent to all 4.6-million affected customers. However, I highly recommend taking a proactive approach and act immediately if you think you may have been included. Use a website like Credit Karma to keep an eye on your credit reports and Mint to look out for suspect bank transactions. (Both sites I use personally and vouch for them. Let us know if you’d like help setting them up.)

Scottrade is providing credit monitoring service through AllClear ID and it is free to those who may be affected. Instructions on enrolling will be provided in the notification.

You have the option of placing a “fraud alert” on each of your credit reports with the major credit reporting agencies. This will flag your credit report and request creditors to contact you prior to establishing accounts in your name. Go online or call each of the major bureaus for more information: Experian, Equifax, and TransUnion.

Despite Scottrade’s assurances that passwords were not compromised, I recommend changing your password. This Knowledge Center article will give you instructions on how to change your password.