450,000 Credit Card records compromised

Can someone please advise how does this happen. How do 4.5 lakh credit card records of Indians get compromised. Did the hack happen from an overseas server or an Indian server. Who is responsible and accountable. Government, Bank, Tech Provider. Shouldnt the bank be penalised and made to compensate every consumer whose info was compromised. more  

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I purchase saree from saree bhandar the quality of the saree was horrible I paid 3000 for two linnen saree but the material I got polyester and it's cost around 200+ more  
INDIA IS A SCAM NATION. Above 90% of the business is laid on forgery. Never save your credit card on any e-commerce website. Prefer using cash or cryptocurrency (use Monero instead of Bitcoin). more  
GOI must listen to the people's voice & take action accordingly. more  
I don't trust the veracity of the news item. I am using Citibank Credit card for last 28 years approximately and paying the monthly bill mostly punctually using internet banking at least for the last 10 years. The payment data in different formats will be certainly available without the name of payee (Payment is made to the card) with the payment interface and including name with the paying and receiving bank. Regrettably, in spite of repeated fear mongering, I am yet to come accross neither any bank complaining loss of such data nor the interface complaining. Unless the name, account number and the IFSC are simultaneously available, such data is of no use for any fraudulent mind/s and such an eventuality is highly unlikely. As some one else has commented, it is quite easy to find fault with our own resources but it should be kept in mind, that resources world wide are being created mostly by Indian software experts. more  
Other countries will treat people's personal details with security and take measures to punish the banks. In our country, Government is controlled by big corporates and It will take any actions against them. Every time , people is going to suffer. more  
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