Chief Editor: Ansar Mahmood Bhatti

Rs 10m stolen from 559 bank accounts in ATM fraud


KARACHI (DNA) – Rs 10 million have been stolen from 559 bank accounts of a private bank in ATM fraud. According to the details, 559 Bank accounts of a private bank were hacked through ATM and 10 million Rupees were stolen.
The Federal Investigation Agency (FIA) is to launch probe in the fraud and also suspected that the fraud might be connected to an earlier incident where foreigners were caught while hacking bank data by using skimming devices.

The FIA took the matter to the State Bank and directed the use of modern technology to keep cyber attacks in check.

According to the marketing executive of the affected bank, the fraudulent transactions were traced to a number of countries including Indonesia and China.

The official also assured the affected clients that the bank will reimburse their lost money.

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