Seva
03-16-2017, 08:46 AM
Japanese Hitachi Payment Systems admitted guilt for the violation of its ATM network in India, which gave rise to a massive recall of debit cards by banks in the country.
In the report of compromise, Sisa prepared the audit, reported that the infected servers Hitachi malware remained undetected for nearly two months in mid-2016
The malware led to a compromise of debit card customers, which forced the largest banks in India, including State Bank of India, HDFC Bank, ICICI Bank, Yes Bank and Axis Bank, to recommend a number of customers to change PIN numbers and withdraw millions of debit cards. Immediately upon detection of this violation banks have blocked payments to stations located abroad, reduced the limits for cash and started monitoring uncharacteristic behavioral patterns of transactions.
The subsequent investigation conducted by the National payment Corporation of India, showed that cases of illegal cash withdrawals were limited to 641 clients 19 banks, and the total damage amounted to 13 million rupees ($194.600).
Concerned that the audit conducted by Sisa payment switch Hitachi Payment Systems failed to define the scope of a data breach in the period is compromised due to the removal of malware from the system.
Managing Director Hitachi Payment Services Anthony Lonnie (Loney Antony) said: "Hitachi Payment Services regrets the inconvenience caused to banks and customers as a result of this "holes" in its security infrastructure. We assure You of our strong desire to build a solid infrastructure in our system and prevent such cyber frauds in the future. We have further strengthened our infrastructure and we will continue to take all required measures to comply with regulatory safety requirements to the extent necessary. We hope that common efforts in cooperation with all stakeholders (banks and regulators), we are able to provide a more secure system for processing financial transactions."
In the report of compromise, Sisa prepared the audit, reported that the infected servers Hitachi malware remained undetected for nearly two months in mid-2016
The malware led to a compromise of debit card customers, which forced the largest banks in India, including State Bank of India, HDFC Bank, ICICI Bank, Yes Bank and Axis Bank, to recommend a number of customers to change PIN numbers and withdraw millions of debit cards. Immediately upon detection of this violation banks have blocked payments to stations located abroad, reduced the limits for cash and started monitoring uncharacteristic behavioral patterns of transactions.
The subsequent investigation conducted by the National payment Corporation of India, showed that cases of illegal cash withdrawals were limited to 641 clients 19 banks, and the total damage amounted to 13 million rupees ($194.600).
Concerned that the audit conducted by Sisa payment switch Hitachi Payment Systems failed to define the scope of a data breach in the period is compromised due to the removal of malware from the system.
Managing Director Hitachi Payment Services Anthony Lonnie (Loney Antony) said: "Hitachi Payment Services regrets the inconvenience caused to banks and customers as a result of this "holes" in its security infrastructure. We assure You of our strong desire to build a solid infrastructure in our system and prevent such cyber frauds in the future. We have further strengthened our infrastructure and we will continue to take all required measures to comply with regulatory safety requirements to the extent necessary. We hope that common efforts in cooperation with all stakeholders (banks and regulators), we are able to provide a more secure system for processing financial transactions."