Nearly 17,000 new credit cards issued by ICICI Bank in the last few days were mistakenly mapped to wrong users in digital channels. That is, due to this technical flaw, the users of ICICI Bank’s ‘iMobile’ app were able to see the details related to the credit cards of other customers. The bank itself gave this information on Thursday (April 25). A spokesperson of the country’s second largest lender ICICI Bank said that due to this error, no incident of any kind of misuse has come to light so far. However, if this happens to any user in future, the bank has promised to compensate for the financial loss. Users told about this security flaw of the bank on social media. Actually, some users of ICICI Bank’s mobile banking app ‘iMobile’ had informed the bank about this security flaw on social media since yesterday evening. However, now the bank has corrected this error. The 17,000 credit cards account for about 0.1% of the bank’s total credit card portfolio. 17,000 credit cards blocked, new cards will be given to customers. Bank spokesperson said, ‘Immediate action is being taken to correct this condition. We have blocked all these 17,000 credit cards and new cards are being issued to the affected customers. We apologize for this inconvenience caused to customers. The bank’s statement came after reports that some users were facing a security flaw in its iMobile app. Due to this flaw, users were able to see information related to credit cards of other customers. Big security flaw in ICICI Bank’s iMobile app: Sumant Mandal Sumant Mandal, founder of Technofino and Credit Pedia, made a post on social media platform X regarding this security flaw of ICICI Bank. In which he wrote, ‘Major security flaw in ICICI Bank’s iMobile app. Many users have complained that information related to ICICI Bank credit cards of other customers is visible on their app. Sumant Mandal further said, ‘The other customer’s complete card number, expiry date and CVV number are visible on the app and his international transaction settings can also be managed. In such a situation, it is very easy for any person to misuse this information to conduct international transactions. RBI should review the security systems of ICICI Bank Sumantha Mandal said, ‘I appeal to ICICI Bank to fix this problem as soon as possible. There is also an appeal to RBI to please review the security systems of ICICI Bank. Along with this post, Sumantha also shared screenshots of many users. In these screenshots, a user said that despite the OTP restriction for domestic transactions, he was able to make international transactions using the information received from the iMobile app. A day before, RBI had taken action against Kotak Mahindra Bank. This news has come at a time when just a day before, RBI had taken action against Kotak Mahindra Bank. RBI barred Kotak Mahindra Bank from adding new customers through online and mobile banking and issuing credit cards with immediate effect due to repeated non-compliance of IT norms. Read the full news…
