Debit card data breach: Govt says there is no cause for alarm, assures action

Of the debit cards affected, about 26.5 lakh are on Visa and MasterCard platforms while 6,00,000 are on RuPay

By: PTI | New Delhi | Updated: October 21, 2016 4:07 pm
cyber attack, cyber attack on atm cards, cyber fraud debit cards, axis bank, bank accounts hacked, cyber attack on axis bank, debit card fraud SBI, cyber attack on union bank accounts, cyber attack in india, cyber attack on indian bank, india news, latest news According to the National Payments Corporation of India, as many as 641 customers across 19 banks have been duped of Rs 1.3 crore using stolen debit card data.

With over 32 lakh debit cards compromised in India’s largest banking security breach, the government today went into damage control mode, assuring customers that there is no cause for alarm and prompt action will be taken. Finance Minister Arun Jaitley asked RBI and banks to submit a report on the issue.

According to the National Payments Corporation of India, as many as 641 customers across 19 banks have been duped of Rs 1.3 crore using stolen debit card data.

The government asked regulator Reserve Bank of India (RBI) as well as banks to provide details of the data breach and also preparedness to deal with cyber crimes. “Have sought a report in the debit card issue. The idea is to contain the damage,” Jaitley told reporters in New Delhi.

Also read: How did the crisis begin?

Department of Economic Affairs Secretary Shaktikanta Das said a report has been sought on all aspects. “There is no cause for alarm, the integrity of IT system of banks is robust and whatever action is required, the government will take promptly,” he told reporters.

The government, he said, is seized of the matter and reports have been called from RBI and banks to know what exactly has happened.

A preliminary input “sort of report” has already come in and the government is awaiting further details from the final report, he said. “After getting the report… whatever action is required, necessary action will be taken by the government,” he said.

Also read | Latest casualty of cyber attacks: Debit cards

Earlier, speaking on sidelines of a German government event, Das said, “Customers should not panic because these hackings are done through computer and trail can easily be reached… they should not be alarmed. Whatever action has to be taken, it will be done with speed.”

Of the debit cards affected, about 26.5 lakh are on Visa and MasterCard platforms while 6,00,000 are on RuPay. The breach reportedly involved some 90 ATMs.

While Visa and MasterCard, in separate statements, have stated that their own networks had not been compromised, Hitachi subsidiary Hitachi Payment Services, which manages
some of the ATM network processing, was investigating the matter, including whether there was a malware problem.

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  1. B
    Bonkered.Bhaktji
    Oct 21, 2016 at 4:02 pm
    I am very confident that the so called BREACH IS A MASTER GAME PLAN BY THE ECONMICS WING OF IYER BUREAU(IB) TO WRITE OFF THE NPA ON THE BREACH.
    Reply
    1. R
      Ravi
      Oct 21, 2016 at 1:26 pm
      @ L Bhadrspati Devi What you say is like you will maintain ABSOLUTE calm WHEN YOU REALIZE THAT YOUR SISTER LOST HER VIRGINITY. And you will not panic, show no emotions and CALMLY RETIRE TO THE CORNER OF YOUR ROOM AND START A PEACEFUL MEDITATION. Don't make me say that you are not a Brahmin.
      Reply
      1. P
        Pracharak
        Oct 21, 2016 at 12:45 pm
        Manu law, right?
        Reply
        1. P
          Pracharak
          Oct 21, 2016 at 12:47 pm
          Who ever breached Indian Banking system, be it Vladimir Putin, or Benjamin Netanyahu, our home minister and defense minister will soon carry out a world's first SURGICAL STRIKE against them.
          Reply
          1. T
            Trun
            Oct 21, 2016 at 12:02 pm
            In fact this was coming. And bigger monster of bank NPA is staring at us too So nothing to be alarmed about
            Reply
            1. A
              arc
              Oct 21, 2016 at 4:01 pm
              Nothing to worry about, as the govt says. Except for those whose money is gone in these true surgical strikes.
              Reply
              1. L
                L bhadrapati Devi
                Oct 21, 2016 at 2:49 pm
                Some stani IT personal are born hacker may be a potent cyber warrior to target Indian financial system. Even ISI may provide training to terrorists using Chinese cyber expert because terrorist can violate cyber law.
                Reply
                1. L
                  L bhadrapati Devi
                  Oct 21, 2016 at 11:51 am
                  Govt. request for maintaining calm is justifiable because if you lost confidence in the Indian banking system, that panic withdrawal of maney from your a/c is more disastrous than loss of Rs 1.3 crore.
                  Reply
                  1. A
                    Ashok Mazumdar
                    Oct 21, 2016 at 6:01 pm
                    Any account having more than Rs5000/- will be forced to pay the extra to the Party in power.
                    Reply
                    1. M
                      Mayur Panghaal
                      Oct 21, 2016 at 3:26 pm
                      Want to have a good laugh ?? Just visit the cyber cell of Mumbai police.lt;br/gt;You wont need kapil sharma.
                      Reply
                      1. M
                        Mayur Panghaal
                        Oct 21, 2016 at 3:25 pm
                        its reached 64 lakhs now.
                        Reply
                        1. D
                          Devisahai Meena
                          Oct 21, 2016 at 1:53 pm
                          This happened first time . that /surgical strikes first time . SHs named NHs first time (State highways--National highways). Modi as PM , first time . GST first time . LS majority first time . Cow protection first time . Necker to pyjama /trouser first time. Intolerance first time . Sedition charges against critics first time . Indian economy on sell via FDI, first time. Foreign and corporate friendly first time . Total debacle (of BJP) in mid-2019 India will see first time .
                          Reply
                          1. S
                            Shekhar
                            Oct 21, 2016 at 1:33 pm
                            my faith is intact..e whatever may.....and i am on your side not reality..
                            Reply
                            1. S
                              Shekhar
                              Oct 21, 2016 at 11:07 am
                              No need to worry..nothing has happened...32 lakhs card info stolen...personal and financial data compromised...cyber security vulnerability is in open...people duped in crores with stolen cards...and NOTHING HAS HAPPENED????
                              Reply
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