Cyber attacks hit banks: SBI blocks 6 lakh debit cards to ward off security threat

banks-blog

State Bank of India, India’s largest commercial bank, on Wednesday said it had blocked debit cards of “certain customers”, and was issuing them new cards, in “precautionary” measures after being informed of potential risks to those cards.

In another case of security breach, Axis Bank said it has filed a preliminary report about a malware attack to the Reserve Bank of India and hired EY to carry out an investigation.

Posted in News