Skip to main content

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 shared my bank account details with a friend or relative,” the affected customer adding that during the call he received three more messages of card usage at different locations of Russia.


I was surprised and shocked to my core. The bank’s response was very disappointing. All my money was gone, I am left empty-handed.

The account holder further revealed that a few hours after the incident, he received a message from the bank stating that all services of Bank Islami have been temporarily shut down and customers will be informed when the services will be resumed.

Comments

  1. This is completely baseless. No bank customer received such a message neither any customer lost any money. Amount in question was pkr 2.6M which was credited in the accounts.

    ReplyDelete
  2. Dear Customer, Our BankIslami ATM services via Biometric Verification have been restored i.e. You can withdraw cash from any BankIslami ATM.

    Our technical teams are working to restore other services.

    Apologies for inconvenience.

    (Msg by BankIslami)

    ReplyDelete
  3. We currently have funds for Financing Real Estate, Project Funding, Bridge Loans, Construction Financing, and Ordinary Loans for Company Export/Import financing projects of large volume.

    Here is the area of our funding:

    * Bridging loans
    * Business Loans
    * Personal loan
    * Investment loan
    * Auto loan
    * Construction loans
    * Debt Consolidation
    * Credit line
    * Lend Lease
    * Second mortgage
    * Credit Redemption
    * Project Financing
    * Mortgage
    * Refinancing Loans
    * Real Estate Investment loans
    * Agent/Brokers.

    Our funding interest rate is 3% with 1 year grace period, and the client needs to ensure his/her project with an insurance company of the total loan sum to guarantee the loan as collateral.

    E-Mail us: standardonlineinvestment@gmail.com

    ReplyDelete

Post a Comment

Popular posts from this blog

Story of Agha Hasan Abedi & BCCI

Agha Hasan Abedi: the man who dared to dream BIG! Agha Hasan Abedi was one of the finest minds this country has ever produced. He was an exemplary patriot and a legendary banker. In the mess that exists today, the youth of Pakistan desperately needs inspiring personalities to look up to. I cannot think of a better person to quote. He proved that politics is not the only form of service to the nation. He suffered through various scandals towards the end of his life, but no one can deny his contributions towards building a stronger Pakistan. It is a shame we let our youth forget a man like Agha Hasan Abedi.   Thousands graduate every year from FAST National University and Ghulam Ishaq Khan Institute. Only a handful of those proud degree holders know who laid the foundations of these prestigious institutes. It was one man’s vision that delivered tremendously to Pakistan’s development. *A true patriot: Agha started his banking career at Habib Bank in the late 19...

What is Tax Rebate? Its Calculation, Reasons , Documentation & Methods

According to Nigerian Law what is Tax Rebate? Its Calculation,Reasons,Documentation & Methods Tax Rebate/Tax Refund A  tax refund  or  tax rebate  is a payment to the taxpayer when the taxpayer pays more tax than they owe. Calculation of Tax Rebate/Tax Refund Tax rebate/Tax refund =    Input tax – Output Tax Input Tax An input tax is a levy paid by a business on acquired goods and services. An example of an input tax is the value added tax . When a business then taxes its customers , this is considered an output tax. The business pays the federal revenue authority the difference between the output tax and input tax if the amount is positive, or it can apply for a tax refund if the amount is negative. Output Tax Output tax  is the VAT that is calculated and charged on the sale of goods and services from your business, if you are VAT-registered. This must be calculated on sales to ot...

Airline industry suffered severely by Corona Virus

Corona Virus directly hit to the Airlines industry. Flight operations are reduced up to 85% and multinationals are adopting the policy of firing their employees from their jobs. In 1st stage they have fired over 55 age group emplyees, if this situation will continue it will go very bad especially for pilots, approximately more 100,000 pilots will be fire and more than 1 Million including professional and non clerical staff will be fire. Top multinationals worldwide grounded their airoplanes and are in huge losses of the entire history.  The world economic outlook of airlines industry.  -Virgin fires more than 3000 people including 600 Pilots - Virgin Australia folds.   -Finnair returns 12 planes and lays off 2,400 people  -You grounds 22 planes and fires 4,100 people  - Ryanair grounds 113 planes and gets rid of 900 pilots for the moment, 450  more in the coming months  - Norwegian completely stops its long-haul activity!!!  The 787s are retu...

20 User Friendly Tools of ERP-Next for Sales and Purchase Activity

  Re invent Sales And Supply Chain With An Open Source Sales & Purchase Tool Track inventory levels, replenish stock, and manage sales orders, customers, suppliers, shipments, deliverables, and order fulfillment — all in one open source sales & purchase ERP. Below is the List of Salas and purchase tools/. Real-Time View of Your Sales & Purchases. Item Variants. Track Serial Numbers Manage Lots Multi-Channel Sales Powerful Marketing Tools Elegant Print Formats Powerful Marketing Tools Journals and Payments Accounts Receivable Documents Storage. Stock Replenishment: Promotional Schemes Vendor Management Supplier Portal Accounts Payable Automated Invoicing Multi-Currency Sales On-The-Fly Customizations Self-Onboarding & Implementation Real-Time View of Your Sales & Purchases E RPNext brings all critical sales and purchase data to one place. Dashboards provide an at-a-glance view of key performance indicators relevant to business processes. With configurable accoun...