Cyberattack disrupts National Bank of Pakistan services; recovery by Monday likely

Published October 31, 2021
This image shows citizens lined up outside a National Bank of Pakistan branch in Karachi. — APP/File
This image shows citizens lined up outside a National Bank of Pakistan branch in Karachi. — APP/File

KARACHI: A cyberattack on the National Bank of Pakistan (NBP) has been detected that has disrupted its services which are likely to be restored by Monday, said a statement issued by the bank on Saturday.

“In the late hours of the 29th and early morning of the 30th October, a cyberattack on the NBP’s servers was detected which impacted some of its services,” said the statement.

Immediate steps were taken to isolate the affected systems, it added. “At this point, no customer or financial data has been compromised.”

“Remediation efforts are under way using industry-leading subject matter experts, including international resources wherever required,” said the bank.

“While currently the NBP’s services to its customers are disrupted, we are working to address the breach and confident that essential customer services will be restored by Monday morning,” said the NBP statement.

“We are grateful for the understanding of our customers in this unusual situation…,” it added. The State Bank of Pakistan (SBP) tweeted that NBP had reported a cybersecurity-related incident which was being investigated.

“NBP has not observed any data breach or financial loss,” said the SBP, adding that no other bank had reported such an incident.

“The SBP is monitoring the situation closely to ensure safety and soundness of the banking system,” said the central bank.

Published in Dawn, October 31st, 2021

Opinion

Editorial

24 Jan, 2022

Anti-extremism policy

HAD there been more far-sighted policymaking on the part of the state and an understanding of how religious ...
Government’s silence
Updated 24 Jan, 2022

Government’s silence

A MAJOR trial is underway in London during which Pakistan has repeatedly been mentioned as the place where payment...
24 Jan, 2022

Cutting mangroves

FOR Karachi, the mangrove cover along its coastline is a thin line of defence against potential oceanic and climatic...
Yemen atrocity
Updated 23 Jan, 2022

Yemen atrocity

The sooner this war is ended, the better, to halt the suffering of Yemen's people and ensure security of all regional states.
23 Jan, 2022

Regressive taxation

THE FBR appears to have kicked up a new and unnecessary controversy by serving notices on currency dealers to ...
23 Jan, 2022

Medico-legal flaws

ON Friday, a 13-page verdict authored by Justice Ali Zia Bajwa of the Lahore High Court revealed a shocking fact...