Dubai Cuts Transactions to Bulgaria over Card Hacking

Crime | June 11, 2006, Sunday // 00:00

Dubai Islamic Bank (DIB) has blocked ATM and credit card transactions in nine East European countries, including Bulgaria.

An electronic statement has been sent to its customers warning them that the bank will stop any transactions on its cards in those countries, after apparently falling victim of an ATM scam.

The countries on the list, besides Bulgaria, are Bosnia, Croatia, Hungary, Macedonia, Moldavia, Romania, Serbia-Montenegro and Slovenia.

The move comes in line with similar actions from other banks following the recently revealed fraud.

The skimmers are believed to have moved outside the UAE, the online edition Gulf News informed. Hackers are now trying to siphon out money by using the stolen information through their overseas operations.

A DIB official was quoted as saying the bank did not specify a time frame to restore normal card transactions again.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Crime » Be a reporter: Write and send your article

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria