As India attempts an upgrade to a cashless society, cyber security experts have raised serious concerns and revealed how to find credit card information – including expiration dates and CVV numbers – in just 6 Seconds.
And what’s more interesting? The hack uses nothing more than guesswork by querying multiple e-commerce sites.
In a new research paper entitled “Does The Online Card Payment
India is undergoing the biggest data breaches to date with as many as 3.2 Million debit card details reportedly stolen from multiple banks and financial platforms.
The massive financial breach has hit India’s biggest banks including State Bank of India (SBI), HDFC Bank, Yes Bank, ICICI Bank and Axis, and customers are advised to change their ATM PIN immediately.
Hackers allegedly used
We have heard a lot about ATM skimmers, but it’s nearly impossible to spot one.
Some skimmers are designed to look exactly like the card slot on the original machine and attached to the front, and others are completely hidden inside the ATM.
But, during his vacation in Vienna, Austria, cyber security expert Benjamin Tedesco spotted an ATM skimmer that was totally unrecognizable.