Massive ATM Hack Hits 3.2 Million Indian Debit Cards — Change Your PIN Now!
Oct 20, 2016
India is undergoing the biggest data breaches to date with as many as 3.2 Million debit card details reportedly stolen from multiple banks and financial platforms. The massive financial breach has hit India's biggest banks including State Bank of India (SBI), HDFC Bank, Yes Bank, ICICI Bank and Axis, and customers are advised to change their ATM PIN immediately. Hackers allegedly used malware to compromise the Hitachi Payment Services platform — which is used to power country's ATM, point-of-sale (PoS) machines and other financial transactions — and stole details of 3.2 Million debit cards, reports The Economic Times. Of 3.2 Million debit cards, 2.6 Million are powered by Visa or Mastercard and rest 600,000 work on top of India's own RuPay platform. Hacked Debit Cards Reportedly Used in China It is not yet clear who is behind the cyber attack, but the report adds that a number of affected customers have observed unauthorized transactions made by their cards in v...
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