KARACHI: The State Bank of Pakistan (SBP) expressed concerns on Tuesday over the skimming of debit cards that caused a total loss of Rs10.2 million to 559 customers recently.
The SBP asked banks to go for the Europay Mastercard Visa (EMV) standards, which are safe and protected, according to a press release.
The SBP said only 296 customers have confirmed disputed transactions and Habib Bank Ltd (HBL) is trying to limit the impact of hacking activities.
The SBP statement did not say who the hackers were. It said the hackers withdrew depositors’ money from various locations within and outside the country.
“Customers’ information on debit cards of HBL was compromised by hackers through skimming to create its clones,” said the SBP.