Now we know why Scottrade got rid of ACH eCheck payments/transfers.

Just got the letter Scottrade eCheck Secure service was hacked!

They lost all our information including the following:

name, drivers license, date of birth, phone number, bank name, bank code, bank number, bank routing number, bank account number and if you used your Social Security number instead of a DL#, that is now stolen too! The hackers got the motherlode.

I am fed up with Scottrade. When my company had this happen they offered free credit report monitoring for 1 year, they are doing NOTHING to protect us after the fact.

Scottrade has lost my accounts (literlly), first they get rid of free Mutual Fund Investing, then they get rid of electronic check transfers, now they lose all my personal data. Luckily I already have a Firstrade account and I'll be moving my $ there.

EDIT: For the doubters here is a digital picture of the letter, sorry for the quality its only 1 megapixel circa 2001:
Scottrade Letter

anything to back that up with?

I don't use Scottrade, but it is pretty disgusting that it took them almost a month to notify OP.

One more disgusting thing with Scottrade.
Last week their much promoted ScottradeElite updated itself and now it has bugs and does not work
and terminates with Runtime error.
I asked them to let me use older version but was told that the older version in not available any more.
What a pity that they would push a system without any testing.

i guess the phrase 'u get what u pay for' comes to mind. i never understood why so many fw'ers were so gung-ho about scottrade, price isn't everything.

Got the same crappin' letter.

In other news, TROY GROUP INC stock was up 5.6% today.

jkimcpa said:TheWiseGuy said:i guess the phrase 'u get what u pay for' comes to mind. i never understood why so many fw'ers were so gung-ho about scottrade, price isn't everything.

How are you going to fault Scottrade for a third party f-up?

Scottrade probably used them because they were the cheapest....now they know why...

So are you guys putting fraud alerts on your credit report?

And since they have access to driver license #, does that needs to be changed as well?

what a PITA!

dellcds said:I bet a lot of people here using Scottrade, me too.
I think we should start calling this company and demand some free credit monitoring service,
OR we should show our power and start xfering the accounts elsewhere.

Or both?

And several months ago Ameritrade lost several "back-up tapes" containing personal info.