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India's central bank meets officials after debit card security breach

The meeting was to review the steps taken by various agencies to contain any adverse fallout, the RBI said on Monday, adding that the number of cards misused, as per currently available information, was few. Photograph: (AFP)

Reuters Mumbai, Maharashtra, India Oct 24, 2016, 03.31 PM (IST)

In the wake of one of the country's largest-ever cyber security incidents, the Reserve Bank of India (RBI) said it met with senior officials from select banks, the National Payment Corporation of India and card network operators. 

 

A slew of banks in India are replacing or asking their customers to change security codes of as many as 3.25 million debit cards over fears that the card data may have been stolen, international news agency Reuters reported. 

 

The meeting was held to review the steps taken by various agencies to contain any adverse fallout, the RBI, adding that the number of cards misused, as per currently available information, was few.

 

(WION with inputs from Reuters) 

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