3.2 million debit card details stolen in India.
3.2 million debit card details stolen as India faces one of its largest data breaches ever.
Banks in India will either replace or ask users to change the security codes of as many as 3.2 million debit cards in what’s emerging as one of the biggest ever breaches of financial data in India, people aware of the matter said. Several victims have reported unauthorized usage from locations in China.
State Bank of India, ICICI, Yes, Axis and HDFC are said to have been hit the hardest by the breach, which is believed to have taken place several weeks ago. In State Bank alone 6 lacs cards were stolen
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While the banks involved are taking steps to block affected cards and replace them, some have also advised customers to change their PINs regularly so as to prevent misuse following such incidents.
The case is being investigated by Bangalore, India-based payment security specialist SISA. Hopefully, it’ll be able to get to the bottom of this and help local banks avoid such attacks in the future.
Source: EconomicTimes
Arjun is a Full-stack developer, who is fond of the web. Lives in Chikmagalur, Karnataka, India
