Debit Card Users Are at Massive Risk in India, Millions of Cards Compromised
Banks are perceived to be safe by most people. The common public is wary of risky investments and tend to gravitate more towards the familiar and what could be more familiar than the neighbourhood bank with a cash machine sticking out of the wall? The month of October has brought shocking news for Indian debit card users as more than 3.2 mln debit cards are now known to have been compromised. This compromise is the largest ever breach of security in the Indian banking system. The largest Indian bank, the State Bank of India has been the worst hit with more than 600,000 debit cards....
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