ElectraCard: data in fraud compromised outside its environment

MUMBAI (Reuters) – India’s ElectraCard Services said on Sunday that a data breach in a series of ATM fraud attacks in December appears to have happened outside of its “processing environment.” According to a U.S. official and a bank employee, who both spoke on condition of anonymity, ElectraCard Services was the company that processed prepaid travel cards for National Bank of Ras Al Khaimah PSC (RAKBANK). RAKBANK suffered a $ 5 million coordinated heist at ATMs around the world on December 21 last year, according to the U.S. indictment. …

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