Bank of Valletta resumes operations
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Bank of Valletta said on Thursday it had resumed a number of its services during the night. The bank shut down all its operations on Wednesday morning after hackers broke into its systems and moved €13 million into foreign accounts. The resumption of servicBank of Valletta resumes operations
Bank of Valletta said on Thursday it had resumed a number of its services during the night. The bank shut down all its operations on Wednesday morning after hackers broke into its systems and moved €13 million into foreign accounts. The resumption of services follows rigorous overnight testing of the bank’s IT systems which were successful. Customers may now once again make use of BOV services through the bank’s branch network across Malta and Gozo, ATMs, internet banking, mobile banking and by making use of their BOV cards when effecting purchases. Payments to third parties is currently the only service not yet activated. The bank again reassured clients that customer deposits and customer accounts were in no way affected by the attack. “This unfortunate incident proved that the contingency plans in place and the preventive measures taken by Bank of Valletta were appropriate and that these measures safeguarded the bank, its customers and stakeholders.” Prime Minister Joseph Muscat said on Wednesday that four fraudulent international transactions had been made by hackers at Bank of Valletta, transferring €13m to banks in four countries. The funds had been traced and the process... Read more