Worried Over Debit Card Security? Here's What You Can Do

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Worried Over Debit Card Security? Here's What You Can Do

Country's largest bank State Bank of India has blocked over 6 lakh cards as a precautionary measure amid fears of a data breach at another bank's ATM network. Other banks including Axis Bank and ICICI Bank have asked some of the customers to change their debit card's security code or PIN as a precautionary measure. 

Banks across the world including in India are all run online and data is on servers. This exposes them to hacking risks. 

Rajiv Anand, executive director of Axis Bank, points out to a few basic things that customers can do to safeguard their debit cards from potential hacking risks.  

- Change your debit card personal identification number (PIN) and internet banking password on a regular basis

- Use different PIN numbers and different passwords every time

- Pay attention to the transaction alerts you receive through SMS

- If there is any suspicious transaction, report that to the bank quickly

- Ensure that the mobile number you have registered with the bank is the correct one

- Whenever doing ATM transactions, just look around for suspicious things like hidden cameras etc

source ndtv profit

Country's largest bank State Bank of India has blocked over 6 lakh cards as a precautionary measure amid fears of a data breach at another bank's ATM network. Other banks including Axis Bank and ICICI Bank have asked some of the customers to change their debit card's security code or PIN as a precautionary measure. 

Banks across the world including in India are all run online and data is on servers. This exposes them to hacking risks. 

Rajiv Anand, executive director of Axis Bank, points out to a few basic things that customers can do to safeguard their debit cards from potential hacking risks.  

- Change your debit card personal identification number (PIN) and internet banking password on a regular basis

- Use different PIN numbers and different passwords every time

- Pay attention to the transaction alerts you receive through SMS

- If there is any suspicious transaction, report that to the bank quickly

- Ensure that the mobile number you have registered with the bank is the correct one

- Whenever doing ATM transactions, just look around for suspicious things like hidden cameras etc

source ndtv profit



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