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Latest Hacking Victim, Citigroup Reports Breach of Credit Card Data (C)Jun 09, 2011 (SmarTrend(R) News Watch via COMTEX) -- Citigroup (NYSE:C) said today that hackers had gained access to the credit card information of tens of thousands of customers in North America. The company said that during routing monitoring, it discovered that account information for about 1% of its customers had been viewed. The bank has over 21 million credit card customers in North America. Citi did not say exactly how many accounts were breached. The hackers gained access to Citi's "Account Online" service. They were able to view customer's names, account numbers, and contact information including email addresses. The hackers were not able to view social security numbers, birth dates, card expiration dates, or card security codes. A spokesman said it is contacting those customer that have been affected, and that, "For the security of these customers, we are not disclosing further details." Citigroup has a potential upside of 54.2% based on a current price of $36.81 and an average consensus analyst price target of $56.76. Citigroup is currently below its 50-day moving average (MA) of $43.17 and below its 200-day MA of $43.92. In the last five trading sessions, the 50-day MA has fallen 0.96% while the 200-day MA has remained constant. Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company's services include investment banking, retail brokerage, corporate banking, and cash management products and services. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |