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National Bank denies data hack news, says single ATM affected

Says affected customers will be reimbursed

SAMAA | - Posted: Oct 9, 2020 | Last Updated: 11 months ago
Posted: Oct 9, 2020 | Last Updated: 11 months ago

Photo: National Bank

The National Bank of Pakistan has denied news that its system was hacked.

In a statement released on Friday, the bank said the news was falsely reported by a TV channel. “We have adequate information security controls in place to protect customer and other confidential data, in line with industry practices and SBP guidelines.”

It did, however, confirm that a skimming device had been found at one of its ATMs in Islamabad.

“Such incidents are quite common in the industry. The bank is fully responsible to reimburse any financial loss to its customers as a result of this skimming subject to verification,” the bank said, adding that the matter is under investigation.

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