Singapore, Malaysia credit card details dumped online in massive data breach
- Technisanct, an India-based cybersecurity start-up, said the cards were issued by top banks in Singapore, Malaysia, the Philippines, Vietnam, Indonesia and Thailand
- It has notified the Computer Emergency Response Team in each country
The company said this week it had found a series of data breaches involving credit card details issued by top banks in Singapore, Malaysia, the Philippines, Vietnam, Indonesia and Thailand.
“The results are alarming as it seems no one is aware that such a huge volume of payment card details – including the CVV and PIN – are available,” said CEO Nandakishore Harikumar, referring to the card verification value and personal identification number.
Anyone with access to those details could cause financial losses to the owner of the cards, he added.
Technisanct said its research found that credit card holders in the Philippine were the worst hit, with 172,828 cards breached, while Malaysia and Singapore had 37,145 and 25,290 cards breached respectively.
According to Nandakishore, in the past week his team had identified even more cards available for sale from these six countries. Although many systems required a one-time transaction password, there were portals that did not require this, he said.