Thursday, 18 June 2020

Copied master key forces South African bank to replace 12 million cards

Fraudsters stole more than $3.2 million from the banking division of South Africa’s post office, after – in a catastrophic breach of security – employees printed out the bank’s master key. According to South African media reports, the security breach occurred in December 2018 when a copy of Postbank’s digital master key was printed out […]… Read More

The post Copied master key forces South African bank to replace 12 million cards appeared first on The State of Security.



from The State of Security https://ift.tt/2YNtMwd
via https://ifttt.com/ IFTTT

No comments:

Post a Comment