Tuesday, April 11, 2017

Final Project part 1

The case i am choosing for my Final Project is about the Massive Debit card hacks to Indian Banks which affect the 3.2 million Debit Card holders. The hack was among the biggest financial data breaches in India with several victims reporting unauthorized transactions that have reportedly originated in China. SBI, HDFC Bank, YES Bank and Axis Bank were among the worst hit, according to the report. About 2.6 million affected cards on the visa and MasterCard platform. In an e-mailed statement to HUFF POST India SBI said  "Card network Companies NPCI, MasterCard and Visa had informed various banks in India about a potential risk to some cards in India owing to data breach. Accordingly, SBI has takenprecautionary measures  and have bloced cards of certain customers identified by the network.

www.huffingtonost.in/2016/10/20/massive-debit-card-hack-hits-indian-banks

www.zeenews.india .com/tags/hacking-case.html


It seem to be pretty interesting that what the banks do to stop these hackers and how many people actually affected by these hacks. What should be the next strategy for the banks to save their customers property ( money).



2 comments:

  1. I don't think I know what your opinion is about this case, and without knowing your opinion it's impossible for me to successfully suggest a philosopher for context. What is your opinion about the moral issues raised by this case?

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  2. I want to say that this is wrong to play with someone property. Its a responsibility for banks to take some action against the hackers because if people put money in banks, it means they actually put lot of risk to loose their property.

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