You can now find Cyber Kendra on Google News | Telegram

Indian Bank Suffered from Biggest Data Breach

Indian bank SBI, Axis, HDFC, ICICI and Yes Bank suffered from Data breach.
It's going a worst time for Indian Banking, as about 3.2 millions debit cards data have been stolen by cyber crooks. This is going to be a biggest financial data breach for India.

Indian banks include State Bank of India (SBI), Axis Bank, HDFC Bank, ICICI Bank, and Yes Bank were the victim of this hardest breach.
Of the cards, 2.6 million are said to be on the Visa and Master-Card platform and 600,000 on the RuPay platform.

The breach is said to have originated in malware introduced in systems of Hitachi Payment Services, enabling fraudsters to steal information allowing them to steal funds. Hitachi, which provides ATM, point of sale (PoS) and other services.

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.

Post a Comment

Cookie Consent
We serve cookies on this site to analyze traffic, remember your preferences, and optimize your experience.
It seems there is something wrong with your internet connection. Please connect to the internet and start browsing again.
AdBlock Detected!
We have detected that you are using adblocking plugin in your browser.
The revenue we earn by the advertisements is used to manage this website, we request you to whitelist our website in your adblocking plugin.
Site is Blocked
Sorry! This site is not available in your country.