Twenty-Nine Axis Bank Accounts Hacked; 13 Lakh Withdrawn Using ATM Skimming

Twenty-nine accounts of Axis Bank were hacked during April 2013 and May 2013. Out of these, 12 accounts were those of Mumbai policemen.

Created On: Jun 15, 2013 11:23 ISTModified On: Jun 15, 2013 13:36 IST

Axis BankTwenty-nine accounts of Axis Bank were hacked during April 2013 and May 2013. Out of these, 12 accounts were those of Mumbai policemen. A sum of 13 lakh Rupees has been withdrawn from the ATMs in Greece.

The Mumbai policemen received SMSs about withdrawal of cash from the Axis bank accounts in the Euro currency. The money was withdrawn in Greece by making use of duplicate debit cards. This is called ATM skimming. ATM skimming implies that the criminals make use of hidden electronic items in order to steal information of the card which is inserted in ATM machine.

ATM officials explained that the transactions were reversed with immediate effect and that a committee was also set up to look into the matter.

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप

AndroidIOS
Comment ()

Post Comment

2 + 1 =
Post

Comments