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Meezan Bank Refuses Data Breach, Links Unauthorized Transactions to Third-Party Platforms

  • Meezan Bank clarifies that unauthorized debit card transactions were not a result of a data breach but customers sharing sensitive information on third-party platforms.
  • Affected customers have been compensated, and the bank assures the security of its systems.
  • The incident highlights concerns over cybercrime in Pakistan, leading to proposed changes to legislation.
  • Meezan Bank emphasizes the need for stronger cybersecurity measures to protect consumer data.

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