By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NorthBridge TimesNorthBridge Times
  • Auto
    • Bikes
  • Entertainment
    • Bollywood
    • Celebrity
    • Hollywood
  • Events
  • Festival
    • Diwali
    • Holi
  • Sports
    • NBA
    • Basket Ball
    • Cricket
    • Hockey
  • Health
    • COVID-19
  • Technology
Search
© 2022 NorthBridge Times. All Rights Reserved.
Reading: SBI advices Customers not to transact through other ATM Network
Share
Aa
NorthBridge TimesNorthBridge Times
Aa
Search
Follow US
© 2022 NorthBridge Times. All Rights Reserved.




Home – India

SBI advices Customers to not to transact through other ATM Network
India

SBI advices Customers not to transact through other ATM Network

Saurav Khanduri
Saurav Khanduri Published October 22, 2016
Last updated: 2016/10/22 at 1:21 PM
Share
3 Min Read
SHARE

India’s largest lender State Bank of India has advised its customers to use the bank’s own ATM network after the security breach of around six lakh debit cards issued by the bank, a bank official said.

Contents
Government says people their interests will not be harmedAround 1.3 crore debit cards’ data has been stolenGovernment asks RBI to send the details of the data breach

“We are advising our customers to use SBI’s ATM Network as a pro-active measure. On the other hand,  the bank is also replacing around six lakh debit cards within two weeks,” Partha Pratim Sengupta, CGM of SBI Bengal circle, told to the media. The bank has even blocked all those debit cards whose security had been reportedly breach due to the malware attack.

Some of the country’s large private banks such HDFC Bank, HDFC Bank, ICICI Bank, YES Bank etc. among others too are facing the same problem and several of the customers’ debit cards are being reportedly being compromised. It is to be seen whether these banks also take precautionary measures and suggest their customers to not to transact through other ATM network.

SBI advices Customers to not to transact through other ATM Network

Government says people their interests will not be harmed

The government also got cracking on the debit card fraud, asking banks concerned and RBI to submit a report on the nature of security breach which compromised over 3.25 million cards and assured customers that strong action will be taken while their interests will not come to any harm.

Around 1.3 crore debit cards’ data has been stolen

 “I have sought a report in the debit card issue. The idea is to contain the damage,” Finance Minister Arun Jaitley told media persons.  As per the information of National Payments Corporation of India, as many 641 customers across 19 banks have been cheated of Rs 1.3crore using stolen debit card data.

SBI advices Customers to not to transact through other ATM Network

Government asks RBI to send the details of the data breach

Center government asked the Reserve Bank of India as well as the affected banks to provide details of the data breach. On the other hand, Department of Economic Affairs Secretary Shaktikanta Das said a report has been sought on all aspects.

“There is no cause of fear. The integrity of IT system of banks is robust and Government is taking up this issue seriously and will take also action as well, he said. The government has seized the matter and reports have been called from RBI and banks to know what exactly has happened.  The government, he said, is seized of the matter and reports have been called from RBI and banks to know what exactly has happened.

You Might Also Like

Best Diwali Sandesh to Soldiers Greetings, Wishes, Messages to Indian Army

Diwali Crackers Harmful Effects: Top 6 Reasons Why You Should Give Up Bursting Crackers

Diwali Sizzle: Top Best Diwali Dresses To Try Out On This Festival Of Lights

iPhone 13, iPhone 13 Pro Series Released: Price, Specifications, and More

Assam Rifles Recruitment 2021 – 1230 Vacancies, Apply online, Process, & Eligibility

TAGGED: Arun Jaitely, Data steal, Finance Minister, government, State Bank of India

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Saurav Khanduri October 22, 2016
Share this Article
Facebook TwitterEmail Print
Share
Previous Article Kabaddi World Cup: India vs Iran For the Third Time in World Cup Final Game, What To Expect? Kabaddi World Cup: India vs Iran For the Third Time in World Cup Final Game, What To Expect?
Next Article 647 100116103611 Jio MAMI 2016: First look-Baahubali 2 to be unveiled today at 18th Jio MAMI Festival
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.




Latest News

Apple Current Worth is More Than Alphabet, Amazon and Meta Combined
Apple Current Worth is More Than Alphabet, Amazon and Meta Combined
Business Economy November 7, 2022
Stock Market: Asian Markets Looking Strong
Stock Market: Asian Markets Looking Strong
Economy Business November 7, 2022
Home Study Courses
Managing a Small Business: 5 Tips for Long Term Growth
Business May 7, 2022
Medical Supplies Can Protect You When You Work With Radiation
Which marketing techniques are likely to benefit your manufacturing business?
Business February 17, 2022

You Might also Like

Diwali Sandesh to Soldiers
IndiaFestival

Best Diwali Sandesh to Soldiers Greetings, Wishes, Messages to Indian Army

October 15, 2022
Diwali Crackers Harmful Effects
FestivalDiwaliIndia

Diwali Crackers Harmful Effects: Top 6 Reasons Why You Should Give Up Bursting Crackers

October 14, 2022
Best Diwali Dresses
EntertainmentFestivalIndia

Diwali Sizzle: Top Best Diwali Dresses To Try Out On This Festival Of Lights

October 14, 2022
iPhone 13 Pro launch
AppleIndiaMobile PhonesTechnologyWorld

iPhone 13, iPhone 13 Pro Series Released: Price, Specifications, and More

September 15, 2021

NBT

We influence 20 million users and is the number one business and technology news network on the planet.

Quick Link

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise With Us
March 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Feb    
NorthBridge TimesNorthBridge Times
Follow US

© 2015-2022 NorthBridge Times. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?