IN Hitachi Payment Services 2016 Malware Attack (Q14685)
From Open Risk Manual
A data breach risk event
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | IN Hitachi Payment Services 2016 Malware Attack |
A data breach risk event |
Statements
8265990C-BBC0-417C-9573-E94A3BF0F887
January 2016
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India is dealing with one of the worst data breaches ever to hit the country with as many as 3.2 million debit card details stolen from multiple banks and financial platforms. On Thursday, the Economic Times reported that malware was used to compromise the Hitachi Payment Services platform, used to power Indias ATM, point-of-sale (PoS) systems and other financial transactions. This infection then affected the State Bank of India (SBI), ICICI, Yes, Axis and HDFC, which are said to be the hardest hit. The Visa and Mastercard networks are also allegedly affected by the data breach -- which took roughly six weeks to detect. Little is known beyond feedback from several victims who claim that their cards are being used fraudulently in China. (English)
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