Bank Negara said on Thursday that it had detected and foiled a cybersecurity incident involving attempted unauthorised fund transfers using falsified SWIFT messages.
The attempted cyber heist was thwarted on Tuesday.
“All unauthorised transactions were stopped through prompt action in strong collaboration with SWIFT, other central banks and financial institutions,” the central bank said in a statement.
It is conducting a comprehensive investigation in collaboration with local and international law enforcement agencies on this incident.
Bank Negara said to-date all risk control measures in place are effective to curtail this incident and it has taken additional safeguards to protect its stakeholders.
The central bank said it did not suffer any financial loss in this incident. There was also no disruption to other payment and settlement systems that the central bank operates.
It remains on high alert as future incidents will likely involve a higher degree of sophistication and design.
https://www.thestar.com.my/business/business-news/2018/03/29/bank-negara-says-it-foiled-cyber-heist-attempt/