The EVM
technology based new ATM card to be issued by India’s top biggest bank the SBI
(State Bank Of India) soon in Northeast apart from the rest of India to ensure
high tech security to customer’s bank information which hackers easily get away
through their enhanced slim ATM card reader to access victim’s financial detail.
Now the
latest successful US based EMV chip smart card technology has been implemented by
the SBI to safeguard their clients from
being hacked and restrain hackers from inappropriate changes to customer’s bank
status.
EVM enhanced
ATM card restrains hackers from reading the user’s information through
placement of thin reader device before the ATM machine card reader. The difference
between previous magnetic stripes ATM card and EMV technology based ATM card is
that the later has enhanced finger print and timestamp preventive technique
against hack. It is time that will tell how reliable EMV technology to endure
people’s trust for hackers are not far behind in catching the logic to unlock
it.
NEIC: SUMI
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