Debit Card Fraud, Data Breach – What to do?
Have you heard of recently Debit card fraud last week that impacted more than 32 lakhs card? Are you worried about it? Do you want to ensure the security of your card?
So the first step, you should do is check your bank transaction to see if there are any unexpected transactions.
What actually happened?
On Sep 5, some banks came across fraudulent transactions where debit cards were used in US & China while the cusotmers wewre in India. Cardholders also detected such fraud transactins. The banks complained to NPCS (National Payment Corporation of India that oversee retail payment in India.
On investigation, they found that a malware security breach in a vendor system - Hitachi payment services that provide ATm & other services.
According to NPCI, 90 ATMs have been compromised, ...