Pune: 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.
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Note: 6 lakh = 600,000