AXIS Bank Credit Card Fraud

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NiINFOSECTRAIN
What Happened? Axis Bank customers are facing
attempted or successful fraudulent
transactions with international merchants, known
as BIN attacks.
S ipa to know more
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g INFOSECTRAT N
Whot is o BIN Attock? BIN attacks A Bo nk
Iclentificotion Num ber attack is a type of
creclit corcl froucl which involves
cybercriminols attempting to generate volicl
creclit corcl numbers by systemoticol Iy testing
clifferent combinotions of creclit co rel num
bers. Whot is BIN? BIN is the first six cligits
of a creclit/clebit co rel number ancl
iclentifies the fino nciol institution or issuing
bank.
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NiINFOSECTRAIN
Howwos the fraud carried outl Malicious
international fraudsters ore using stolen credit
card information to conduct unauthorized transacti
ons.
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Impact on Axis Customers Axis Bo nk is taking
action to block Incl report these merchants. With
international e-commerce transactions locking
2Factor authentication, any lost funcls ore
fully recovers ble. Report suspicious activity
promptly for a fuII refuncl.
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Ni INFOSECTRAIN
Stay vigilant against suspicious
transactions. Report any suspicious
transactions made on your credit cord.
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