Several banks in India will have to ask customers to either change their security code or have their debit cards replaced over fear of a possible data breach of over 3.2 million debit card users.
Last month September, Some bank cardholders complained of transactions carried out in the US and China with their debit cards while they were still in India. The banks also detected a few of those fraudulent transactions which prompted them to report the issue to the National Payments Corporation of India (NPCI). The NPCI in turn conducted a probe and found a malware-induced security breach in the systems of Hitachi Payment Services
According to the indianexpress, A malware infection at Hitachi payment services. one of the companies that operates ATMs in India has led to over 32 lakh debit cards in India being compromised. The compromised debit cards were used in ATMs that are suspected to have exposed details of the cards to the malware
The worst-hit of the card-issuing banks are State Bank of India, HDFC Bank, ICICI Bank, Yes Bank and Axis Bank, suggest reports. Yes Bank on Thursday said that it had taken a review of its ATMs and found no evidence of any breach.
ATM cards compromised in India, Data breach in India