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Data breach: 73 SBI cardholders reported fraud withdrawals

State Bank of India has informed that it has blocked about 6 lakh cards, Minister of State for Finance Santosh Kumar Gangwar said in a written reply in Rajya Sabha.

November 22, 2016 / 16:19 IST
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As many as 73 cardholders of the country's largest bank SBI had reported fraudulent withdrawals aggregating Rs 39.18 lakh till November 4 following data breach that hit millions of debit/ATMs.

State Bank of India has informed that it has blocked about 6 lakh cards, Minister of State for Finance Santosh Kumar Gangwar said in a written reply in Rajya Sabha.

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"SBI has also informed that 73 cardholders have complained about claims aggregating to Rs 39.18 lakh up to November 4, 2016," he said.

The state-owned lender said however that its "systems" are robust and its debit cards are not at risk.