Standard Chartered Accounts by Hacking ATMs

For the return of the money transaction via SMS alerts and receive emails when users Standard Chartered Pakistan were recently surprised. 50,000 from his bank accounts without any action on your part.

Also through SMS or e-mail did not get any reports which were customers of the bank, but their ATMs and debit cards transactions were blocked his execution was not aware of the hack was.

Standard Chartered hacking attempt that was impressed with how many customers it is not yet clear, however, this event marks England, where the headquarters of operating from Pakistan that turned a lot of money in a few seconds show SCB.
The attempt failed, mainly pay some of the customers who maintain accounts, the customer care support and for making phone calls to report the incident rushed to the respective branches.

Bank initially positive response to all affected users and an ax in online banking system was responsible for the trouble he informed. These customers steal their money will be refunded as soon as possible that were assured, but details of customers affected and will take time to return the money.

Although things were not easy for everyone. “When I got in contact with the branch manager account issues of criminal activity,” said the substantial an infected client. “I get my money. Fraud department was advised to meet bankers involved,” he added.

Despite the promise of immediate action, which has not been refunded their money many customers are, however, customer service is nothing more than poor quality.

The problem did not steal the money. England Pakistan hackers to transfer money from customer access to data recorded as a debit card services to customers lost debit cards. If a bank debit cards by customers and to block their customers were asked their restated for new SCB debit card.
Farhan Ahmed, spokesman for Standard Chartered Bank, Bank of attack is not new. SCB ATM skimming a recent attempts unique, but Pakistan’s banking industry, which is a joint activity took place.

ATM skimming a skimming device to an ATM machine to look like a part of which can be disguised by a card reader when the contract which is a type of fraud. Card reader for the theft, which has been replicated in a fake copy users’ card number and PIN code, saves.

“Money in the bank accounts of customers insured and in case of such an event is given. Customers would pay back the money and the majority of them” before receiving their cash in their accounts being , he added.

This increase profits and customer base despite continued growth, the bank may be prevented from being successful was a hacking advanced technology to equip its operations is an irony that failed.

The system can not ensure safety such as Standard Chartered Bank, foreign banks with international reputation, how the people who rely on financial institutions and mobile banking and Internet banking service like Advanced can accept?

Tags : ATM HacksHacking ATMsstandard chartered
Shahana Naik

The author Shahana Naik

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