3.2 million debit cards compromised in India as banks investigate security breaches

If you use a debit card issued by an Indian bank, you will want to keep your eyes peeled for any unrecognizable transactions. 

Several Indian banks are issuing an advisory to their customers, asking them to change their security code (more popularly known as ATM pin) or better replace the card, reports the Economic Times. 

As many as 3.2 million Indian debit cards could be impacted, the paper added. Of this, 2.6 million are powered by Visa or MasterCard, while rest 600,000 cards work on top of country’s own RuPay platform. It’s not clear who is behind this, but report adds that some customers have observed activity in their cards from China.  Read more...