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Tag: social security breach

ATM virus compromised 3.2 million debit cards in India

By Prempal Singh 0 Comment October 22, 2016

A virus at Hitachi Payments Solutions led to over thirty-two lakh debit cards in India being compromised. Hitachi is one of the companies that operate ATMs in India. The affected debit cards were used in ATMs that are suspected to obtain exposed details of the cards to the malware. A officer of NPCI (National Payments Corporation […]

Axis Bank says no loss to customers and undertakes steps to neutralise cyber attack

By Prempal Singh 0 Comment October 21, 2016

Private sector Axis Bank said on Wednesday there was no loss to its customers from the recent cyber attack. The malware attack was recognized in time and was duly informed to the regulator RBI. The bank’s internal monitoring system determined such a danger recently and all steps have been undertaken to neutralist the same, it said. […]

SBI blocks 6 lakh debit cards: Security Breach

By Prempal Singh 1 Comment October 20, 2016

In one of the biggest card replacements in Indian banking, SBI (State Bank of India) reports that it will re-issue around six lakh debit cards to customers, which have been blocked following a malware-related security breach in a non-SBI ATM network. “It’s a security infringement, but not within our banks’ systems. Many other banking institutions also […]

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