Standard Chartered Pakistan’s customers were recently left shocked when they received transaction alerts through SMS and emails for withdrawals of around Rs. 50,000 from their bank accounts without any action on their part.
There were a few bank customers who did not even get any report through SMS or email but were made aware of the hack when their ATMs did not process their transactions and their debit cards were blocked.
It is yet unclear that how many Standard Chartered customers were impacted with this hacking attempt, however, traces reveal that this incident siphoned off a huge money in a few seconds from Pakistan to England, where the headquarter of SCB is operated.