Postbank forced to replace 12-million bank cards after employees steal 'master key'

Criminal employees steal code and put millions of grant recipients at risk

14 June 2020 - 00:00 By SIPHO MASONDO

The Postbank is having to replace about 12-million bank cards at a cost of R1bn after a major security breach that exposes the personal data of millions of social-grant beneficiaries and other account holders...

There’s never been a more important time to support independent media.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

Already subscribed? Sign in below.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.