SA banks hit with ransom-driven cyber attack

Some of the big banks have acknowledged having disruptions on their online service platform but have stressed no hacking has occurred.

File: Some of the big banks have acknowledged having disruptions on their online service platform but have stressed no hacking has occurred.

eNCA

JOHANNESBURG - South African banks have been hit with a global ransom-driven cyber attack.

However, banking risk group, South African Banking Risk Information Centre (Sabric) says the attacks don't involve hacking or a data breach, so no customer data is at risk.

READ: City of Joburg website hacked

Sabric says the attacks started with a ransom note which was delivered via email to both unattended as well as staff email addresses.

The attacks typically increase traffic on networks and cause minor disruption.

READ: Banking scams becoming more sophisticated

Some of the big banks have acknowledged having disruptions on their online service platform but have stressed no hacking has occurred.

“Despite our banks preparedness and resilience, we will continue to monitor this situation very closely and respond as required,” said SABRIC acting CEO Susan Potgieter.

Source
eNCA