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Why ICICI Bank suddenly blocked 17,000 credit cards?
short by Mohul / on Sunday, 28 April, 2024
ICICI Bank acknowledged a data glitch affecting nearly 17,000 newly issued credit cards, mistakenly linked to wrong users in digital channels. Prompt action was taken to address the issue, with affected cards blocked and replacements scheduled. The incident, occurring amidst regulatory scrutiny, underscores the imperative for stringent data security measures in the banking sector.
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