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.

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