India's Biggest ATM Breach? 3.2 Million Debit Cards Across 19 Banks May Have Been Compromised (bloombergquint.com)
A total of 32 lakh (3.2 million) debit cards across 19 banks could have been compromised on account of a purported fraud, the National Payment Corporation of India said in a statement. BloombergQuint adds: "The genesis of the problem was receipt of complaints from few banks that their customer's cards were used fraudulently mainly in China and USA while customers were in India," the NPCI said. "The complaints of fraudulent withdrawal are limited to cards of 19 banks and 641 customers. The total amount involved is Rs 1.3 crore as reported by various affected banks to NPCI." SISA Security, a Bengaluru-based company is currently undertaking a forensic study to identify the extent of the problem and will submit a final report in November. Initial reports had suggested that ATMs operated by Hitachi Payment Services had been attacked by malware and were the source of the breach. However, the company has said in a statement that an interim report by the audit agency does not suggest any breach or compromise in its systems.
customer's cards were used fraudulently mainly in China and USA while customers were in India
This makes a change. I'm more used to seeing news articles about people's cards being used fraudulently in India while the card owner is in the UK.
Is this an Indian language site? If not, why the f**k are we using lakh and crore now? What useful information does that impart to us?
Must be the IRS (India Revenue Services) collecting owed money.
After Trump is done making Mexico pay for the wall, he's going to make the rest of you foreigners pay off America's debts, and be thankful for the opportunity.
U.S.A., U.S.A., U.S.A.!
Thanks for the TL note on lakh. (TL Note: TL Note means just as keikaku)
Is it too much to ask that numbers be represented in Arabic form like us Americans are used to? (and Europeans and hell, I'm pretty sure most of the rest of the world uses 0's these days, even if you go to Japan the prices are squigglyblob000)
This is the revenge for the tech support scammers !
Nobody's made a comment about doing the needful yet? This place is going down one jolly old hill, dear chaps.
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
White guilt much?
In a nation of ~2billion people, 3.2million cards seems pretty minimal.
Newsflash: the US owns 65%+ of US debt. You can come to collect but you'll be behind a bunch of angry and armed Texans.
Since Obama is in the mix, the guilt is multi-racial