Cyber-Attacks Debit Credit Card Potent Security Enhancements Tips Update:
Pakistan’s Banks has been hit by the ‘biggest cyber attack in country’s history’.
Data from 19,864 cards belonging to customers of 22 Pakistani Banks has been put on sale on the Dark Web.
According to FIA cyber-crime chief saying “almost all major Pakistani Banks” have been affect.
This attack was happen when Bank Islami’s data was hack only a week ago. Cyber-Attacks Debit Credit Card Potent Security Enhancements Tips.
Besides that, the State Bank of Pakistan has directs the Banks to take immediate measures to prevent any such incident.
The hackers put up the dump, titled “PAKISTANWORLD-EU-MIX-01” with over 10,467 records, on sale on Jokerstash.
Therefore, Jokerstash is a a virtual Dark Web hub of stolen card data use by hackers as a distribution point for compromise Banks accounts.
More than 8,000 of the cards in the dump belongs to at least nine Pakistani Banks and were available for prices ranging from $100 to $135 each.
Which banks are affected?
According to PakCERT’s Threat Intelligence report, a total of 19,864 debit card details belonging to 22 Pakistani Banks are sale in the dumps circulating on the Dark Net.
In the first dump release on Oct 26, the majority of cards were of Habib Bank (6,170). Cyber-Attacks Debit Credit Card Potent Security Enhancements Tips.
Besides that, the Bank of Punjab (748) and Standard Chartered Bank (586) also among the affectees.
Most importantly, in the second dump release on Oct 31, the majority of cards were of Habib Bank (2,043).
Besides that in the second dump United Bank (1,381) and Meezan Bank (1,375) are also among affectees.
Therefore, The dumps include both Visa and Mastercard.
How did the security breach take place?
One common way of carrying out this form of card cyber theft is through the card skimming devices.
The data appears to have been acquire through skimming and the hackers have also advertise it as ‘skimmed data.’
When a credit or debit card is swip through a skimmer—often disguise and install at ATMs and Point of Sale (POS)—the device captures and stores the details store in the card’s magnetic stripe of chip.
Therefore, thieves can then use this stolen data to make fraudulent transactions either online or with a clone counterfeit Banks card.
According to PakCERT CEO, the data was possibly either acquire from compromise ATMs or other places where the hackers had install skimming devices.
Therefore, it is unclear exactly where and when these skimmers were install or where the data in these dumps was acquire from.
As per the background of the hackers, the PakCERT report says there were two possibilities.
The people who initially did the skimming were visitors from outside Pakistan.
They use the cards themselves and then put the dumps for sale on the Dark Web. Cyber-Attacks Debit Credit Card Potent Security Enhancements Tips.
Another possibility was that “the people who skimming were locals and help a more advance group outside Pakistan,” it adds.
Now here’s what you can do to guard yourself against data theft:
Keep Updating Your Contact Information
Update your contact information like mobile number, address etc. regularly with the Banks.
Therefore, it will enable the Banks to notify you about any suspicious transactions.
Regularly Check Your Account Details
Besides that, keep checking your Bank account balance and transaction history, so that you are aware of any activity that you cannot recognize.
Keep Changing Your Banking Codes/Passwords
According to the State Bank’s instructions, you should change your online banking passwords and card codes every month or at least every two months.
Keep the International Online Use of Your Card Restricted
Make sure that the international use of your card is restrict. Cyber-Attacks Debit Credit Card Potent Security Enhancements Tips.
Therefore, if you have to do an international transaction, remove the restriction temporarily and apply it again after completion.
Report a Suspicious Activity Immediately
If you come across any suspicious activity regarding your Banks card like a purchase, report it immediately to your bank, so that they can block your card at once.