Data Stolen From Various Pakistani Banks: FIA Cyber Crime Chief

The FIA Cyber-crime Chief warned that data from several Pakistani Banks has been stolen

The Cyber Crime Chief of the Federal Investigation Agency (FIA) spoke to the media on Tuesday to warn the public. He cautioned the public that data from account holders of various Pakistani banks has been stolen due to a security breach.

Bank Data Stolen In Pakistan

Director of FIA Cyber-Crimes wing Captain (retd), Mohammad Shoaib, commented on the matter. He said, “more or less, data from several banks was stolen in last week’s cyber-attack on the Pakistani banking system.”

This news comes shortly after reports from global cyber security firm, Group-IB. This firm’s expertise lie most prominently in the finance sector. They revealed that expert hackers had put up a new load of Pakistani debit and credit cards on forums on the dark web.

More than 6 Pakistani banks have suspended the use of debit cards abroad earlier in the week.

Group-IB revealed that 9 Pakistani Banks had noticed unusual transactions. These banks included BankIslami, Habib Bank, JS Bank, Faysal Bank, Soneri Bank, Bank of Punjab, Bank Alfalah, Silkbank, and MCB Bank.

At least Rs. 6 million was wiped out from the bank accounts of Bank Islami in the last week.

Capt (retd) Shoaib stated, “More than 100 cases [of cyber-attack] have been registered with the FIA and are under investigation. We have made several arrests in the case, including that of an international gang [last month]”.

He also stated that the FIA has warned banks and has called on their representatives to discuss the crisis.

They have stated, however, that it is the banks’ duty to guarantee the security of their customers’ data. If a bank’s security is weak, it can easily be breached.

Capt (retd) Shoaib also revealed that the hackers responsible had disguised themselves to fool people and hack their accounts. They have been arrested, however, and brought to justice.

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