Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Taiwan investigation team in Sri Lanka to probe 60 million dollar bank cyber theft
Thu, Oct 12, 2017, 08:13 pm SL Time, ColomboPage News Desk, Sri Lanka.

Oct 12, Colombo: A team of Taiwan's Criminal Investigation Bureau (CIB) investigators arrived in Sri Lanka on Wednesday to probe the cyber heist where hackers illegally transferred about 60 million US dollars from a leading bank in Taiwan to two bank accounts in Sri Lanka.

Two CIB investigators and an official from Far Eastern International arrived in Sri Lanka on Wednesday night to probe the theft, the police media spokesman Ruwan Gunasekara said.

The Taiwanese officials were scheduled to meet with officers of Sri Lanka Criminal Investigations Department (CID) today, and commence the investigation.

Sri Lanka police have arrested two suspects in connection with the theft and Colombo Fort Magistrate yesterday remanded the suspects until October 25.

The suspects are accused of hacking into the computer network of the Far Eastern International Bank of Taiwan using malware and transferring the money into several accounts they have set up in Sri Lanka.

Police arrested one of the suspect, Janaka Chaminda Nammuni when he attempted to withdraw the money from the account. The suspect had reportedly withdrawn Rs. 30 million (approximately US$ 196,000) and the bank had alerted the police when he attempted to withdraw Rs. 80 million (US$ 522,000) later.

The other suspect Shalila Munasinghe, who was the chairman of state-owned LP gas supplier Litro Gas, surrendered to the police.

According to the Far Eastern International Bank, its computer systems were attacked by malware that affected several transactions. The money was transferred via the Swift network to accounts in Cambodia, Sri Lanka and the U.S., and about $46 million has been recovered. The Bank said it had recovered most of the stolen money and that its losses would amount to no more than US$500,000.

 

ColomboPage - Recent 10 Stories ::
Court grants permission to examine the bank accounts of former Ministry secretary and his family
-- [3 hours ago]
Postal voting for Local Government elections to begin on Monday
-- [3 hours ago]
Sri Lanka made little progress on transitional justice initiatives in 2017 - HRW
-- [6 hours ago]
CA Sri Lanka charters Rotaract Club for Chartered Accountants and CA students
-- [7 hours ago]
Public has lost confidence in media due to smart phone culture - Sri Lanka Media Minister
Hemas consolidates FMCG position by acquiring Atlas - Sri Lanka's most loved brand of 2017
Nepal's Army Chief calls on Sri Lankan President
State leaders of Singapore and Indonesia to visit Sri Lanka next week
Hambantota port workers call off fast unto death
Sri Lanka think tank says government decision to ban women from purchasing liquor is unconstitutional

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.