Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

Cyber Attack on Malta’s Bank of Valletta

Malta’s largest bank was the target of a cyber attack Wednesday, with hackers attempting to withdraw 13 million euros ($14.7 million), Prime Minister Joseph Muscat said.

Malta’s largest bank was the target of a cyber attack Wednesday, with hackers attempting to withdraw 13 million euros ($14.7 million), Prime Minister Joseph Muscat said.

The Bank of Valletta, in which the government is the largest shareholder, shut down its systems, closing branches and ATMs, and suspending mobile and Internet banking and internal email. Its website also went offline.

Customer accounts were “in no way impacted or compromised” and normal services would resume as soon as possible, the bank said.

Hackers attempted to transfer funds to banks in the Czech Republic, Hong Kong, Britain, and the US, Muscat told parliament.

The transactions had been traced and were “being reversed”, he said.

Related: Top Dutch Banks, Revenue Service Hit by Cyber Attacks

Related: North Korea-linked Hackers Stole $13.5 Million From Cosmos Bank

Advertisement. Scroll to continue reading.

Related: Millions Stolen From Russian, Indian Banks in SWIFT Attacks

Related: North Korean Attacks on Banks Attributed to ‘APT38’ Group

Written By

AFP 2023

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

SecurityWeek’s Threat Detection and Incident Response Summit brings together security practitioners from around the world to share war stories on breaches, APT attacks and threat intelligence.

Register

Securityweek’s CISO Forum will address issues and challenges that are top of mind for today’s security leaders and what the future looks like as chief defenders of the enterprise.

Register

Expert Insights

Related Content

Cybercrime

The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.

Cybercrime

Luxury retailer Neiman Marcus Group informed some customers last week that their online accounts had been breached by hackers.

Cybercrime

As it evolves, web3 will contain and increase all the security issues of web2 – and perhaps add a few more.

Cybercrime

A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...

Cybercrime

Satellite TV giant Dish Network confirmed that a recent outage was the result of a cyberattack and admitted that data was stolen.

Cybercrime

Zendesk is informing customers about a data breach that started with an SMS phishing campaign targeting the company’s employees.

Artificial Intelligence

The release of OpenAI’s ChatGPT in late 2022 has demonstrated the potential of AI for both good and bad.

Artificial Intelligence

The degree of danger that may be introduced when adversaries start to use AI as an effective weapon of attack rather than a tool...