FIA cyber crime chief sends alarm bells by revealing that almost all banks data hacked in recent security breach

ISLAMABAD: In a shocking revelation, the head of the Federal Investigation Agency’s (FIA) cybercrime wing has said data from “almost all” Pakistani banks was stolen in a recent security breach.

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“According to a recent report we have received, data from almost all Pakistani banks has been reportedly hacked,” FIA Cyber crimes Director retired Capt Mohammad Shoaib told local news channel.

When pressed to clarify, the official said data from “most of the banks” operating in the country had been compromised.

He said the FIA has written to all banks, and a meeting of the banks’ heads and security managements is being called.

“Banks are the custodians of the money people have stored in them,” Shoaib said. “They are also responsible if their security features are so weak that they result in pilferage.”

It wasn’t immediately clear when exactly the security breach took place.

According to Shoaib, more than 100 cases are being investigated by the agency in connection with the breach.

A gang was arrested last week whose members used to disguise themselves as army officials and withdraw money from banks after gathering people’s data, the official added.

The disclosure comes days after around 10 banks blocked all international transactions on their cards, as concerns about a breach of credit and debit card data spread in the banking circles.

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