NBP rejects news of cyberattack on ATM machines

KARACHI: The National Bank of Pakistan (NBP) has rejected news regarding cyberattacks on its systems after it was reported that the bank’s ATM machines were hacked.

According to a statement issued by NBP on Friday, “We have adequate information security controls in place to protect customers and other confidential data, in line with industry practices and SBP guidelines.”

The bank while confirming that a skimming device was found at one of its ATMs in Islamabad, was of the view that such incidents are a ‘common occurrence.’

“Such incidents are quite common in the industry. The bank is fully responsible to reimburse any financial loss to its customers as a result of this skimming subject to verification,” it added.

Earlier, K-Electric, the sole electricity provider for Karachi suffered a ransomware attack that led to the disruption of billing and online services.

Amid the attack, K-Electric customers have been unable to access the online services for their account, and the company appears to be trying to reroute users through a staging site.

Furthermore, K-Electric could not issue electricity bills to its consumers in various regions as its billing system became non-functional after the attack.

The cyberattack affected KE’s Windows computers and backups, and hacked encrypted data is no longer usable. Furthermore, the software purchased to protect against hacking has also been affected by the attack.

 

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