The State Bank of India (SBI), India’s largest lender, said that it blocked as many as 6 lakh debit cards following a security breach that occurred in a non-SBI ATM network.
The bank said it will replace these blocked cards.
“The breach happened due to a malware that can capture sensitive information that will enable committing financial frauds,” the bank said in a statement.
However, Shiv Kumar Bhasin, Chief Technology Office, said that their customers need not panic.
What can you do from your side?
You can approach your bank branch, call up phone banking number, use the internet for ‘re-carding’ or change your PIN using the internet banking.