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The Financial Express

National Bank of Pakistan suffers cyber attack

| Updated: November 02, 2021 11:28:26


National Bank of Pakistan suffers cyber attack

The National Bank of Pakistan (NBP) has faced a cyber attack that has disrupted its services since Saturday.

The Pakistani government-owned multinational commercial bank is likely to restore its services by Monday, reports Dawn citing a statement issued by the bank.

“In the late hours of the 29th and early morning of the 30th October, a cyber attack 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 underway 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 that 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.

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