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Over 3.2 Million Debit Cards May Have Been Compromised, Says National Payment Corporation of India

A total of 3.2 million debit cards across 19 banks may have been compromised as a result of a suspected malware attack. The breach, possibly largest of its kind in India, was confirmed by the National Payment Corporation of India (NPCI) in a statement today. The problem was brought to NPCI's attention via complaints from banks informing the agency that their customers' cards were used fraudulently, mainly in China and USA, while customers were in India, according to the statement.

"How the breach could have occurred," Alex Mathew reporting in Bloomberg: "The breach that has apparently given hackers access to the PIN codes of several bank customers is likely to be on account of a malware attack. This attack is believed to have originated at an ATM. The actual modus operandi of the hackers will only become clear once the forensic audit is released in November… First, the hacker would have had to gain physical access to an ATM. The malware was then likely injected by connecting a laptop or another special device to a port on the cash disbursing machine, said Tiwari, a consultant at Centre For Internet & Society in Bengaluru. Once the malware is injected, it automatically spreads across the network..."

Related topics: Cybercrime, Cybersecurity, Malware
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Promoted Post

Buying or Selling IPv4 Addresses?

Watch this video to discover how ACCELR/8, a transformative trading platform developed by industry veterans Marc Lindsey and Janine Goodman, enables organizations to buy or sell IPv4 blocks as small as /20s.