Online banking in Malaysia is safe, says Fahmi following Bank Rakyat hacking incident
Published
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The Malaysian government has stated that the country's online banking system and financial transactions remain secure. The statement was made by Fahmi following a hacking incident involving Bank Rakyat.
According to Fahmi, there was an attempted cyber attack by a non-state actor. Nevertheless, he said the national financial system was not affected and online banking transactions continue to run securely.
This incident shows that cybersecurity has become an important matter for financial institutions. Banks and authorities need to continue monitoring their systems to protect money and customer information from digital threats.
So far, reports on the matter remain limited. Relevant parties are expected to provide further information on the status of this incident in the future.
Sources: The Edge Malaysia
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