450,000 Credit Card records compromised

Can someone please advise how does this happen. How do 4.5 lakh credit card records of Indians get compromised. Did the hack happen from an overseas server or an Indian server. Who is responsible and accountable. Government, Bank, Tech Provider. Shouldnt the bank be penalised and made to compensate every consumer whose info was compromised. more  

66ACCFD4-3238-478A-A78E-9F920FC98313___20200208052929___.jpeg
View all 19 comments Below 19 comments
I purchase saree from saree bhandar the quality of the saree was horrible I paid 3000 for two linnen saree but the material I got polyester and it's cost around 200+ more  
INDIA IS A SCAM NATION. Above 90% of the business is laid on forgery. Never save your credit card on any e-commerce website. Prefer using cash or cryptocurrency (use Monero instead of Bitcoin). more  
GOI must listen to the people's voice & take action accordingly. more  
I don't trust the veracity of the news item. I am using Citibank Credit card for last 28 years approximately and paying the monthly bill mostly punctually using internet banking at least for the last 10 years. The payment data in different formats will be certainly available without the name of payee (Payment is made to the card) with the payment interface and including name with the paying and receiving bank. Regrettably, in spite of repeated fear mongering, I am yet to come accross neither any bank complaining loss of such data nor the interface complaining. Unless the name, account number and the IFSC are simultaneously available, such data is of no use for any fraudulent mind/s and such an eventuality is highly unlikely. As some one else has commented, it is quite easy to find fault with our own resources but it should be kept in mind, that resources world wide are being created mostly by Indian software experts. more  
Other countries will treat people's personal details with security and take measures to punish the banks. In our country, Government is controlled by big corporates and It will take any actions against them. Every time , people is going to suffer. more  
Post a Comment

Related Posts

    • Customer Compensation for Internet downtime

      As a broadband/optic fiber internet service subscriber, are you facing network issues ? I've been facing internet black out periods due to service provider issues. Though they resolve it in a ...

      By Prajith PS
      /
    • Why electric scooters cost 4x in India

      In China these electric scooters cost as little as $300 that would be equivalent to approximately 25000, whereas in India it starts from 1lakh; what's the reason?

      By Reeta Kumar
      /
    • Pathetic Tata Cliq

      Has anyone returned items on Tata cliq? I returned some items for a size mismatch and they decide they won't refund it for a 'quality issue'. No more details. I have shopped on myjio, Amazon, Myntr...

      By Ashima Gupta
      /
    • Hybrid cars

      Currently, GST (28%) + Cess (15%) on hybrid cars is 43%. Nitin Gadkari Transport Ministwr has urged to slash the GST to 12%, leading to GST (12%) + Cess (15%) =27%. So hybrid...

      By Rajesh Suri
      /
    • Cash only??

      Recently, one of my colleagues had to be hospitalised and thereafter undergo physiotherapy in a center. The physiotherapy center was insisting on cash payment for amount which was ruuming into thou...

      By Padmanabhan G
      /
    • Airlines cheating Neta/Babu sleeping

      New Fraud by some Airlines 1- You Booked Flight 3 months before travel day at Lowest Price of Rs 4300. 2- After that, Airlines will cancel your Flight just few days before yo...

      By Sneha Goyal
      /
    • CONSUMER BEHAVIOUR SURVEY

      Hey Everyone, I am seeking your opinion for consumers behaviour in using e grocery stores or online stores in tier 1 cities or other cities too, do consumers prefer comparing prices , ETAs , refund...

      By Harman Sodhi
      /
    • Consumer Ministry is in slumber

      This has ought to be the worst performing ministry of India. For 4 years since mar 2020 patanjali has been misleading consumers in India and this ministry can’t do a thing. See this ad. Can l...

      By Dipali Yadav
      /
    • Apollo Pharmacy cannot be trusted

      My mother in law went to Apollo pharmacy to buy diabetes medicines and people over counter were selling these powder to all the diabetic patients saying diabetes will get cured with this powder and...

      By Lakshmi Sitaraman
      /
    • Govt just announces no follow through

      These days repairing electric goods cost almost the same as buying a new one. Ceiling Fans stopped working. Electrician checked it & changed capacitor. Still not working. ...

      By Radha Puri
      /
    • 5-day working week for banks

      while digitisation has considerably reduced the visit to banks,one can still see a lot of visitors to the bank,especially the senior citizens,women SHGs,fixed deposit holders etc. for the conv...

      By Suresh Dasarathy
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)