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Malta's oldest bank resumed operations today (Thursday February 14th) after it shut down all IT systems yesterday when hackers tried to steal roughly €13 million ($14.7 million) from its reserves.
Bank of Valletta (BOV) employees discovered the hackers' intrusion during daily reconciliation operations of international transfers.
Roughly 30 minutes after finding the unauthorized operations, the bank closed all its branches, shut down its ATM and point-of-sale systems, along with its website and e-banking servers.
According to local press, the hackers tried to transfer €13 million to different bank accounts in the UK, the US, the Czech Republic, and Hong Kong.
In an address to the Maltese Parliament, Prime Minister Joseph Muscat said BOV officials notified all foreign banks and were working to revert the transactions and regain access of their funds.
In a statement on its website, BOV said it was working with local and international police authorities to track down the attackers. The bank's operations returned to normal today, according to a subsequent statement.
Bank of Valletta is Malta's oldest bank and one of its largest. Maltese government officials paid close attention to the bank's operations on Wednesday because the hack crippled the small island's economy, forcing a large number of citizens and tourists to cash transactions only. The government is also one of BOV's clients, whose services it uses to make social security payments.
On the North American continent, CI Banco, a Mexicco-based bank also reported a cyber-attack on Wednesday. The bank shut down all operations after its IT staff detected a virus in the equipment of one of its employees, according to local press, with one reportclaiming it was ransomware.
source zdnet
Industry: Cyber Security News
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REF CH7840 Senior SOC analyst (Palo Alto Wildfire, Rapid 7, Fortify AND Splunk) Flexible location £55,000 + Senior SOC analyst needed (Level 3) that can achieve SC clearance for a permanent role. We are looking for Level 3 SOC Analysts with two or more of the following; Palo Alto Networks Wildfire (#malware) Rapid7 Nexpose Micro Focus Fortify (#automated #applicationsecurity) AND ideally Splunk. The role will include, but not be limited to; managing and handling incidents end to end, supporting and mentoring level 1 / level 2 staff, supporting the SOC manager in the delivery of the SOC roadmap, engaging with the client stakeholders (other technical teams) as and where needed, use case development, advanced search and reporting etc. Flexible location, commutable in the future to London or Birmingham This role will sit within a public sector client so the individual must be able to achieve SC clearance. To arrange a call with Chris Holt use this calendy link https://calendly.com/chris-holt/arranged-call-with-chris-holt-remote-soc-role Chris.Holt@dclsearch.com 07884666351