2016 Indian Banks data breach

2016 Indian Banks data breach was reported in October 2016. It was estimated 3.2 million debit cards were compromised. Major Indian banks- SBI, HDFC Bank, ICICI, YES Bank and Axis Bank were among the worst hit.[1] Many users reported unauthorised use of their cards in locations in China.

This resulted in one of the India's biggest card replacement drive in banking history. The biggest Indian bank State Bank of India announced the blocking and replacement of almost 600,000 debit cards.[2]

An audit performed by SISA Information Security reports that the breach was due to malware injected into the payment gateway network of Hitachi Payment Systems.[3]

See also

References

  1. ↑ "3.2 million debit cards compromised; SBI, HDFC Bank, ICICI, YES Bank and Axis worst hit". The Economic Times. 20 October 2016. Retrieved 20 October 2016.
  2. ↑ "Security breach: SBI blocks over 6 lakh debit cards". The Economic Times. 20 October 2016. Retrieved 20 October 2016.
  3. ↑ "Hitachi Owns Up To Mid-2016 Breach That Compromised 32 Lakh Debit Cards". Bloomberg Quint. Retrieved 2017-02-27.


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