China Made ATM Machines and Software Affected 6 Lakh SBI Debit Cards
India's largest public sector bank State Bank of India (SBI) and its subsidiary blocked 6.25 lakh customers debit cards after finding security breach in transactions at third-party ATM machines.
The government led bank sent emails and SMS to customers, to alert them about blockage, and also asked them to re-apply for new cards at their respective branches.
“About 0.25% of our cards have been blocked. We came to know that some of our customers have used SBI debit cards at Yes Bank ATM machines, the software of these ATM's were designed in Chinese company Hitachi payment services,” said SBI's security officer at the condition of no identity disclose.
“In the past 3-4 days, we saw some unidentified and suspicious transactions at some ATMs and hence the cards were blocked immediately....