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Bank of Israel: 15,000 Stolen Credit Cards Will Be Protected

By: Malkah Fleisher
Published: January 3rd, 2012
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Paying with Credit

The Bank of Israel assured the 15,000 Israelis whose credit card numbers were posted online by a group of Saudi hackers they they will not have to pay for fraudulent charges on their cards.

The group initially boasted posting approximately 400,000 Israeli credit card numbers on the One sports website.  However, the Bank of Israel has determined the numbers is closer to 15,000, – 6,600 Isracard users, 4,400 Cal credit card users  and 4,000 Leumi Card users.

Army Radio reported that the hackers told One readers to use the cards to make purchases, saying more account information would be published in the future.

The Bank of Israel confirmed that victims of the hack would be protected by the Debit Card Law against making payments on items purchased through fraud.  Credit card companies have taken steps to freeze the compromised accounts, block the use of the cards, and to contact the owners so new cards can be issued.  Victims of the theft will be compensated.

The credit card numbers may have been stolen from coupon websites.  Investigations are ongoing.

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About the Author: Malkah Fleisher is a graduate of Cardozo Law School in New York City. She is an editor/staff writer at JewishPress.com and co-hosts a weekly Israeli FM radio show. Malkah lives with her husband and two children on the Mount of Olives in Jerusalem.


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