Bangladesh Bank has reported a troubling rise in the incidence of cyber attacks on the country's banks. In light of this, banks and financial institutions have been urged to implement various precautionary measures.
In a letter, S.M. Tofayel Ahmad, Additional Director of the Information and Communication Technology Department at Bangladesh Bank, called on all banks and financial institutions to implement these precautionary measures.
The letter states that regular information security monitoring and reviews by Bangladesh Cyber Security Intelligence (BCSI) have identified illegal transactions involving dual currency cards used with Facebook Ad Manager in several Bangladeshi banks. These transactions are reported to be harming general customers.
Cyber criminals active on various social media platforms are continuously harassing the public, bank customers.
Bangladesh Bank has stated that, similar to banks in other countries, the risk of cyber attacks is alarmingly increasing in Bangladesh.
Additionally, banks are being constantly targeted by various malware attacks.
To safeguard against such cyber attacks, the central bank has urged banks to promptly implement 17 essential measures.
Bd-Pratidin English/ARK
