PNB denies data breach of 10,000 cards, roping in PwC

MUMBAI: PNB has denied that any card data breach has been detected in its IT infrastructure. The bank has also denied appointing PwC to probe the over Rs 11,300-crore Nirav Modi fraud.

In a remark to the inventory exchange, the bank refuted studies that main points of 10,000 credit score and debit cardholders of the lender have been leaked online. “Bank’s security infrastructure is strong sufficient and it has taken all necessary era steps to safeguard buyer data,” the remark to the inventory exchange mentioned.


On Thursday, there were studies that data security firm CloudSek had tipped off the bank a few data breach. “We have a crawler that is deployed at nighttime/deep internet. These are websites on the web which aren't listed by Google or different primary search engines like google and yahoo. They are used to buy and sell delicate data illegally,” chief technical officer Rahul Sasi used to be quoted as announcing by a news web site Asia Times. He added that the crawler detects such data and sends it to a device studying software, which identifies suspicious data.


The Dark Web is used to confer with the part of the World Wide Web which is offered only by means of special software allowing customers to remain anonymous and untraceable. It is a website used for unlawful online job. The data available for sale within the Dark Web incorporated names, expiry dates, non-public id numbers and card verification values (CVV), in line with the news website online.


Denying the appointment of PwC, PNB mentioned that it had initiated the method of assigning forensic audit within the accounts of the Nirav Modi group and bids had been invited from primary audit corporations. “Bid from PwC used to be also gained, but in view of Sebi order dated January 10 (barring PwC from auditing listed corporations for two yeas), the similar has not been regarded as,” the remark to the exchange mentioned. PNB is now within the technique of finalising the forensic audit allocation some of the ultimate bidders.


PNB denies data breach of 10,000 cards, roping in PwC PNB denies data breach of 10,000 cards, roping in PwC Reviewed by Kailash on February 24, 2018 Rating: 5
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