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'Almost All' Pakistani Banks Hacked In Security Breach, Report Says

Wednesday November 7, 2018. 12:00 AM , from Slashdot
The cybercrime wing of Pakistan's Federal Investigation Agency has said data from 'almost all' Pakistani banks was stolen in a recent security breach. FIA Cybercrimes Director retired Capt Mohammad Shoaib told Geo News that hackers based outside the country had breached the security systems of several local banks. 'The hackers have stolen large amounts of money from people's accounts,' he added. From a report: He said the FIA has written to all banks, and a meeting of the banks' heads and security managements is being called. The meeting will look into ways the security infrastructure of banks can be bolstered. 'Banks are the custodians of the money people have stored in them,' Shoaib said. 'They are also responsible if their security features are so weak that they result in pilferage.' It wasn't immediately clear when exactly the security breach took place. According to Shoaib, more than 100 cases are being investigated by the agency in connection with the breach.

Read more of this story at Slashdot.
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