Hacking Archives | The Biz Update

Business

ABL launches cardless ATM service

The Biz Update6 years ago02 mins

KARACHI, January 15, 2019: Allied Bank Limited (ABL), one of the country’s largest bank, has cardless ATM service to avoid fraud incidents. After multiple incidents of data hacking of payment card by hackers and through skimming devices, in order to more secure the payment card transactions, Allied bank has completely converted its card system on…

Business

Pakistan Banks’ Association setup Cyber Security cell

The Biz Update6 years ago03 mins

Karachi, November 7, 2018: The Pakistan Banks’ Association (PBA) has established a dedicated cyber security forum to facilitate the banks. PBA is the sole representative body of banks & DFIs operating in Pakistan. In view of the recent reports circulating in the media around the data hacking of Pakistani banks, a spokesperson of the PBA…