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National Bank Of Ras Al Khaimah Psc

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ElectraCard admits system breached in global ATM heist

A Pune-based card processing company acknowledged on Monday that hackers breached its security to increase the limits on some pre-paid card accounts in a global ATM heist in December.ElectraCard......

Prepaid debit cards: A weak link in bank security

Extensive use of such cards is making it easier for hackers to withdraw large amounts of money before detection. A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27......

Indian card processor in $45-mn heist

The Indian card processor - used in the heist on December 21, 2012 - was ElectraCard Services, which is based in Pune, India. One of the credit card processing companies whose security was breached......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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