
After the RBI ban on Kotak Mahindra Bank related to mobile banking, now a big news has come to light. Several customers of ICICI Bank have reported that the credit card data of ICICI Bank customers have been compromised. The users are able to see the credit card details of other customers in the mobile app of ICICI Bank. Users have reported the incident on social media platform. You can check the tweets given below.
In response to concerns raised about a security flaw in ICICI Bank’s iMobile app, the bank has issued a statement assuring customers that swift action will be taken to address the issue. The spokesperson acknowledged that approximately 17,000 new credit cards issued in the past few days were mistakenly linked to incorrect users, accounting for around 0.1% of the bank’s credit card portfolio. As a precautionary measure, these cards have been blocked, and new ones will be issued to affected customers. The bank expressed regret for any inconvenience caused and emphasized that no instances of card misuse have been reported thus far.
Furthermore, ICICI Bank emphasized its commitment to compensating customers for any financial losses resulting from the error. This announcement comes in the wake of reports highlighting a security glitch in the iMobile app, which allowed users to access the credit card details of other customers. One Reddit user brought attention to a situation where another user’s Amazon Pay credit card details were mistakenly displayed. Additionally, users have reported being able to complete ICICI card transactions even when entering incorrect three-digit CVVs.
This error enabled users to view sensitive information, including full card numbers, expiry dates, and CVVs, of other customers’ credit cards. Multiple users have reported being able to see other customers’ ICICI Bank credit cards on their iMobile app. Given that the full card details and international transaction settings are visible on the app, there is a risk of someone misusing another person’s credit card for international transactions.