The total number of customer accounts that had been hit by the peril is still unclear. Local banks including Citibank, HSBC, Lloyds TSB, National Bank of Abu Dhabi and Emirates NBD have all issue statements separately about the disaster.
Banks urged their customers to change their PINs as a safety step. They are also issuing text messages that the situation is under control. They assured customers that they would pay their losses.
Some banks froze customer accounts who failed to change their PINs causing a serious chaos. The environment is gloomy and customers fear that they would lose their money.
Preliminary investigations suggest that hackers may have got their hands on card details and PINs after rigging cash machines with card skimmers. Other reports raise the dark spectre that bank's internal systems have been compromised.
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