Share this post

user icon

Live

People Reading

This story now

3.2 Million Debit Cards Hacked: HDFC, SBI, Axis Bank ATM Card Holders In Trouble!

It is suspected that viruses were sneaked into ATMs and around 32 Lakh ATM-debit cards of customers are alleged to have been affected. 

Yes, you read it correctly. And, this news is confirmed. 

These debit cards are noted to have been used in ATMs that are speculated to have exposed the card, and PIN details to malware at the back-end.

Let's understand more about it.

News Source: The Economic Times

3.2 Million Debit Cards Hacked: HDFC, SBI, Axis Bank ATM Card Holders In Trouble!

3.2 Million Debit Cards Hacked: HDFC, SBI, Axis Bank ATM Card Holders In Trouble!

754 396
  in Science & Technology

The worst affected banks

Debit Cards Hacked

Banks including State Bank of India (SBI), HDFC Bank, Axis Bank, ICICI Bank, and Yes Bank are the victim of this hardest breach.  

Origin of the hacking.

Debit Cards Hacked

The malware was reportedly introduced in the system of Hitachi Payment Services. The malware enabled fraudsters to steal information allowing them to steal funds.

Your money is being transferred to China

Debit Cards Hacked

Banks have received multiple complaints about cards being used in China at various ATM machines and point of sale terminals.

Users asked to change PINs.

Debit Cards Hacked

While the banks involved are taking measures to block affected cards and replace them, it is advised to all the customers to change their PINs.

State Bank of India blocks 6 Lakh debit cards.

Debit Cards Hacked

The Bank has asked to block the international transactions that can be conducted without PIN. And also made users sure that it will re-issue around six lakh debit cards to consumers, which have been blocked following the malware-related safety breach.

SBI also said that...

Debit Cards Hacked

SBI assured its customers that there has not been any breach on the ATM network of SBI 

Yes Bank said it had taken comprehensive audit of ATMs to be on the safer side

Debit Cards Hacked

It took 6 weeks to detect hacking.

Debit Cards Hacked

Some source said that the malware infection took about six weeks to detect, compromising transactions that take place during this period. 

3.2 million debit cards were used on the Hitachi network during that six week period.

Debit Cards Hacked

RBI to review reporting framework.

RBI to review reporting framework.

The incident has said to have enforced Reserve Bank of India to review its reporting framework and asked banks to inform the central bank immediately of any suspected fraud.

The case is being investigated by Banglore, India-based payment security specialist SISA. 

Hopefully, it'll be able to get to the bottom of the line and help the banks avoid such attacks in the future. 

Did you take this seriously and changed your ATM PIN?

others like

Loved this? Spread it out then

comments Comment ()

Post as @guest useror
clear

clear
arrow_back

redo Pooja query_builder {{childComment.timeAgo}}

clear

clear
arrow_back

Be the first to comment on this story.

Report

close

Select you are Reporting

expand_more
  • +2351 Active user
Post as @guest useror

NSFW Content Ahead

To access this content, confirm your age by signing up.