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Hackers KO Malta's Bank of Valletta in attempt to nick €13m


by: By Gareth Corfield 13 Feb 2019 at 17:38

In a statement reported by various local outlets, Maltese prime minister Joseph Muscat told parliament that the attack was detected shortly after the start of business today – and involved assailants, said to be from "overseas", trying to transfer €13m to a variety of banks spread across the UK, US, Czech Republic and Hong Kong.

The bank's website, BOV.com, is inaccessible at the time of writing. Even the domain's nameservers appear to have been wiped, judging from the results of multiple domain lookups attempted by The Register.

And some people still ask me why we need expensive (cyber) security at all ...
I guess the amount the damage costs would have rectified some security on the forehand.
[M.Pauli]