Here’s what you need to do if you are scared about the recent data breach in ATM cards
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What happened to India’s debit card fraud is nothing new to the world and for that matter India as well. Each one of us would receive a message from RBI to reset the ATM card pin at least once in a lifetime. In the US, a similar However in India the game was different. The data breach has happened through ATM cards and was detected by
Now we need to wait till the entire analysis is done as in how the fraudulent activity happened. That will only come next month. Meanwhile there is also a malware or a virus that affects ATM machines directly. In India, most cards are accepted by most machines, which is why a single malware can breach data across whole system in the country.
How can this be prevented?
No system can be made foolproof, let alone bank.
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