Central Banking

Central Bank of Iran reacts to major debit card security breach

A credit card on a computer keyboard

The Central Bank of Iran has issued a statement telling debit card users in the country to change the personal identification code on their cards in the wake of a major security breach.

Khosrow Zarefarid, a former bank-system specialist in Iran who reportedly recently left the country, published the security details of three million accounts on a blog site last week.

The central bank responded quickly, recommending card users visit a bank branch or ATM to change their codes immediately and

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