Cloning scare: ICICI recalls cards
Pushpa Narayan TNN Chennai:ICICI Bank is recalling hundreds of credit and debit cards after being warned by the Chennai police that customers’ data have been stolen. Officials from other banks — private and national — are initiating similar steps. On October 5, the city police had busted a card-cloning racket. Initially, they received complaints from 64 card users and the number has been increasing ever since. “We advise card users to change their PIN immediately,” said deputy commissioner S Radhika. But neither the police nor the banks have been able to estimate the number of customers affected. The police have arrested Umesh Balaravindran, a Sri Lankan national living in Chennai, and four of his associates who cloned credit cards using skimmers that copy data from ATMs. The police said they also bought card details put up on a website. An ICICI spokesperson said the cards will be replaced free of cost within six working days. “We advise customers to be careful and not panic,” the spokesperson said. -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
