2.9 to 3.2 mn debit cards breached

Nishant

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Security breach: SBI blocks over 6L debit cards - Times of India

In one of the biggest card replacements in Indian banking, State Bank of India has said that it will re-issue around six lakh debit cards to customers, which have been blocked following a malware-related security breach in a non-SBI ATM network.
"It's a security breach, but not in our banks' systems. Many other banks also have this breach — right now and since a long time," Shiv Kumar Bhasin, SBI's chief technology officer (CTO), told TOI, adding that customers who used their cards only at SBI-run ATMs have not been affected by this. "A few ATMs have been affected by a malware. When people use their card on infected switches or ATMs, there is a high probability that their data will be compromised," Bhasin said.
Several customers of the bank have found their ATM cards to be blocked. SBI has informed branches about the cards being blocked and fresh cards would be issued to customers. "Customers need not panic. They can either approach their branch, call up phone banking or use the internet for 're-carding'. They can also set their PINs from their homes using internet banking," Bhasin said.
 

Sushubh

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it would take them a few years to replace them all. :emoji_imp:
 

Sushubh

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i am confused. if the atms are compromised, wouldn't it affect debit cards of all banks?
 

manu1991

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"There were 697.2 million debit cards in India as of end-July, according to data from the central bank, reported the Reuters. Of which 19 crore are indigenously developed RuPay cards while the rest are Visa- and Master Card-enabled."

Who uses million and then crore in the same sentence. Such shoddy journalism.
 

Sushubh

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they clearly copy pasted the figures from two different articles on the web. one source is reuters which used millions for obvious reasons. second figure seems to be taken from this pti piece.

fullstory

There are around 60 crore debit cards operational in India, of which 19 crore are indigenously developed RuPay cards while the rest are Visa and Master Card enabled.