Meezan Bank Denies Claims of Debit Card Data Breach

Several people online have reported unauthorized transactions on their Meezan Bank debit cards, claiming it to be a possible data breach. However, Meezan Bank has confirmed that there has been no data breach on their end. Upon seeing a number of reports online, we reached out to Meezan Bank for an official comment upon which they clarified that their side is clear. They further added that this is likely due to customers providing their data on certain websites or apps that require no OTP verification for payment, from where data can be hacked, and this has nothing to do with Meezan. Customers reported losing more than tens of thousands of rupees and sometimes even more due to this issue. Some users have reported that the transactions were made in Malaysian currency before being converted into PKR. Most purchases on this customer’s card were made on Facebook or other online platforms. Meezan Bank told ProPakistani that they received a total of less than ten complaints regarding this issue over the past week and have refunded almost everyone. The bank has further confirmed that as an SOP, it refunds all customer losses that have occurred due to their data loss through websites that do not require an OTP verification.