Exclusive: Indian card processor in $45 million heist is ElectraCard – sources
By Dinesh Nair and Jessica Dye DUBAI/NEW YORK (Reuters) – One of the credit card processing companies whose security was breached in a $45 million global cyber heist was India’s ElectraCard Services, according to two people familiar with the situation. ElectraCard Services processes prepaid travel cards for National Bank of Ras Al Khaimah PSC (RAKBANK), one of two Middle Eastern banks named by U.S. prosecutors on Thursday as victims of the heist, the people said. …
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