SPECIAL CID PROBE INTO CYBER BANK HEIST
The Criminal Investigation Department (CID) has launched a special investigation relating to a cyber heist where hackers illegally transferred USD 1.1 million from a leading bank in Taiwan to two bank accounts in Sri Lanka.
Deputy Inspector General (DIG) of the CID, B.R.S.R. Nagahamulla told the Daily News yesterday that a suspect in this connection was arrested and was remanded till .
He said the hackers had illegally transferred USD 1.1 million to two bank accounts in Colombo. The individual had withdrawn Rs. 30 million and later Rs. 80 million. It was during the second transaction that the bank had alerted the CID.
“The CID will be able to reveal the links of this scam by tracing the available information and arrest the others involved in it,” he said.
Taiwan media reported that the Taiwanese Far Eastern Bank was tracing its lost funds after the hack attack last week. Prime Minister William Lai ordered probe into the hacking incident.The bank was however hopeful of recovery of missing funds. The Taiwan Premier has also asked the authorities to review the information security and design appropriate measures to deal with future cases.
Far Eastern Bank said it reported to the Financial Supervisory Commission that its computer system had been implanted with malware, which affected some of its PCs and servers as well as the Society for Worldwide Interbank Financial Telecommunication’s (SWIFT) network.
(Source: Daily News – By Disna Mudalige)
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when sri lanka is involved in international heists involving millions of dollars reminds us of Pan Asia Bank. Last time it was Malaysian account the outcome of that operation was inconclusive.
What good is 110 million SLR to anyone other than anyone other than a sri lankan! But then there are other options like funding subversive activities .
The Taiwan bank knows more than what they have declared. They must know the destination of these transaction and to whom these monies were addressed to. The local banks should have an identity of the people that drew the 110 million. There need not be much of a mysrety there unless the bank refuses to declarde.
This scam is no different from the Malaysian Bank except taowan connections are global involving billions of dollars