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Showing posts from October, 2018

BankIslami Customers Lose Over $ 6 Million

BankIslami Customers Lose Over $6 Million in Biggest Security Breach in Pakistan’s History. on October 27 when customers of the bank received automated messages about their payment cards being used in different countries. The bank denied that any data theft took place.   BankIslami’s executive Fahad Tariq initially dismissed the claims and denied that any breach happened at the bank’s data center. He refused to give any official version regarding this security breach. However, late on Sunday night, an alert for all banks was issued by the State Bank of Pakistan. A Bank Islami account holder, speaking under the condition of anonymity, has confirmed that he received a message notifying him of his card usage at an ATM in Russia. “A message notified me that somebody used my card somewhere in Russia,  I immediately approached the bank’s helpline but the official simply did not believe my words and blamed me for the leak of particulars saying that I might have...