Here's the email response from Scottrade, when I inquired about the echeck service. I had received no formal communication from them prior.
Thank you for your email. On Oct. 25, 2005, TROY Group Inc., the provider of
the eCheck SecureTM service, reported to us that a computer hacker had
compromised its eCheck SecureTM servers. Because of this, the eCheck Secure
deposit option has been permanently removed from Scottrade's system as of
Friday November 18 at 5 pm eastern time.
As a result, personal information for approximately 137,000 Scottrade
account holders may also have been compromised. Only eCheck customers who
have funded their account at least once are affected. Customers who have
applied for eCheck, but never used eCheck as a method of funding their
account are not at risk.
In the vast majority of situations, there is a very low risk that
information accessed at TROY Group could be used to compromise Scottrade
accounts. However, if you used your Social Security number as your driver's
license or state ID number, please be advised that this may pose a greater
risk of compromise.
All customer who may have been affected by this event have been notified via
letter, including explanation and suggested steps for safeguarding your
Changing your Scottrade account number is an option you have but not
required. To further discuss your options, please contact your local branch
office at your convenience.
We are currently researching alternatives and hope to be able to provide one
in the very near future.
Until that time, all funding of Scottrade accounts must be made by
depositing a check, money order or cashiers check or by initiating a wire
transfer from your bank account.
Please accept our apologies for any inconvenience and we appreciate your
patience as we explore alternative methods of simplifying deposits.
Please contact your local branch for further details or questions. You may
obtain the telephone number of your local Scottrade branch office through
our home page in the Branch Locator -http://www.scottrade.com/frame_branchlocator.asp
You can use bill pay. Please be sure to use your local branches address and
your Scottrade account number.