NBP suffers cyber-attack, recovery expects by Monday

October 31, 2021 (MLN): The National Bank of Pakistan (NBP) has reported a cyber attack in the late hours of the 29th of October and early morning of 30th October, which impacted some of its services. 

However, immediate steps were taken to isolate the affected systems. At this point, no customer or financial data has been compromised. Remediation efforts are underway using industry-leading subject matter experts including international resources where ever required, a statement issued by the bank noted.

While currently NBP's services to its customers are disrupted, the bank’s team is working to address the breach and is confident that essential customer services are expected to be restored by Monday morning.

Taking to the official Twitter handle of the State Bank of Pakistan (SBP), the central bank stated that the incident is being investigated. However, the bank has not observed any data breach or financial loss and no other bank has reported any such incidence.

“SBP is monitoring the situation closely to ensure safety and soundness of banking system,” it added.

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