• Home
  • Cyber Crime
  • Cyber warfare
  • APT
  • Data Breach
  • Deep Web
  • Digital ID
  • Hacking
  • Hacktivism
  • Intelligence
  • Internet of Things
  • Laws and regulations
  • Malware
  • Mobile
  • Reports
  • Security
  • Social Networks
  • Terrorism
  • ICS-SCADA
  • POLICIES
  • Contact me
MUST READ

Taking over millions of developers exploiting an Open VSX Registry flaw

 | 

OneClik APT campaign targets energy sector with stealthy backdoors

 | 

APT42 impersonates cyber professionals to phish Israeli academics and journalists

 | 

Kai West, aka IntelBroker, indicted for cyberattacks causing $25M in damages

 | 

Cisco fixed critical ISE flaws allowing Root-level remote code execution

 | 

U.S. CISA adds AMI MegaRAC SPx, D-Link DIR-859 routers, and Fortinet FortiOS flaws to its Known Exploited Vulnerabilities catalog

 | 

CitrixBleed 2: The nightmare that echoes the 'CitrixBleed' flaw in Citrix NetScaler devices

 | 

Hackers deploy fake SonicWall VPN App to steal corporate credentials

 | 

Mainline Health Systems data breach impacted over 100,000 individuals

 | 

Disrupting the operations of cryptocurrency mining botnets

 | 

Prometei botnet activity has surged since March 2025

 | 

The U.S. House banned WhatsApp on government devices due to security concerns

 | 

Russia-linked APT28 use Signal chats to target Ukraine official with malware

 | 

China-linked APT Salt Typhoon targets Canadian Telecom companies

 | 

U.S. warns of incoming cyber threats following Iran airstrikes

 | 

McLaren Health Care data breach impacted over 743,000 people

 | 

American steel giant Nucor confirms data breach in May attack

 | 

The financial impact of Marks & Spencer and Co-op cyberattacks could reach £440M

 | 

Iran-Linked Threat Actors Cyber Fattah Leak Visitors and Athletes' Data from Saudi Games

 | 

SECURITY AFFAIRS MALWARE NEWSLETTER ROUND 50

 | 
  • Home
  • Cyber Crime
  • Cyber warfare
  • APT
  • Data Breach
  • Deep Web
  • Digital ID
  • Hacking
  • Hacktivism
  • Intelligence
  • Internet of Things
  • Laws and regulations
  • Malware
  • Mobile
  • Reports
  • Security
  • Social Networks
  • Terrorism
  • ICS-SCADA
  • POLICIES
  • Contact me
  • Home
  • Breaking News
  • Hacking
  • Bank of Valletta shut down its operations after a cyber attack

Bank of Valletta shut down its operations after a cyber attack

Pierluigi Paganini February 14, 2019

Bank of Valletta, the largest bank of Malta was hit by a cyber attack, attackers attempted to steal 13 million euros ($14.7 million).


Bank of Valletta the largest bank in Malta that accounts for almost half of banking transactions in the country, had to shut down its operations on Wednesday after hackers attempted to withdraw 13 million euros ($14.7 million).

The news was confirmed by Prime Minister Joseph Muscat, hackers broke into the systems of the bank and transfer the funds overseas.
Muscat told parliament that threat actors attempted to transfer funds to banks in the Czech Republic, Hong Kong, Britain, and the US.

“The reason for my statement is to put people’s minds at rest that their money is safe in the bank,” Muscat insisted, adding that BOV was an important cog for the Maltese economy.”

“It is no joke having a bank that controls half the economy shut down for a whole business day but at this stage caution trumped every other consideration,”

Bank of Valletta

The Government of Malta is the largest shareholder of the Bank of Valletta, the financial institution shut down its systems, closed branches and ATMs, and suspended mobile and Internet banking and internal email.

After the disclosure of the attack, the website of the bank also went offline.

“Prime Minister Joseph Muscat told parliament the cyber attack involved the creation of false international payments totaling 13 million euros ($14.7 million) to banks in Britain, the United States, the Czech Republic and Hong Kong.” reported the Reuters.

“The funds have been traced and the Bank of Valletta is seeking to have the fraudulent transactions reversed.”

The customer accounts were not affected and the services will be restored as soon as possible.

The authorities were able to trace the transactions and reverse them.

The Bank is working with local and international police authorities to investigate in the case.

“During routine reconciliations that the Bank carries out regularly it was noticed that there were discrepancies in eleven payments having a total value of around EUR 13 million emanating from the Bank’s foreign payment accounts.  The Bank took immediate steps to address this issue by requesting the international banks involved to stop these payments,” the bank said in a statement reported by MaltaToday.

[adrotate banner=”9″] [adrotate banner=”12″]

Pierluigi Paganini

(SecurityAffairs – Bank of Valletta, hacking)

[adrotate banner=”5″] [adrotate banner=”13″]


facebook linkedin twitter

Bank of Valletta banking Hacking Malta Pierluigi Paganini Security Affairs

you might also like

Pierluigi Paganini June 27, 2025
Taking over millions of developers exploiting an Open VSX Registry flaw
Read more
Pierluigi Paganini June 27, 2025
OneClik APT campaign targets energy sector with stealthy backdoors
Read more

leave a comment

newsletter

Subscribe to my email list and stay
up-to-date!

    recent articles

    Taking over millions of developers exploiting an Open VSX Registry flaw

    Hacking / June 27, 2025

    OneClik APT campaign targets energy sector with stealthy backdoors

    Hacking / June 27, 2025

    APT42 impersonates cyber professionals to phish Israeli academics and journalists

    APT / June 27, 2025

    Kai West, aka IntelBroker, indicted for cyberattacks causing $25M in damages

    Cyber Crime / June 26, 2025

    Cisco fixed critical ISE flaws allowing Root-level remote code execution

    Security / June 26, 2025

    To contact me write an email to:

    Pierluigi Paganini :
    pierluigi.paganini@securityaffairs.co

    LEARN MORE

    QUICK LINKS

    • Home
    • Cyber Crime
    • Cyber warfare
    • APT
    • Data Breach
    • Deep Web
    • Digital ID
    • Hacking
    • Hacktivism
    • Intelligence
    • Internet of Things
    • Laws and regulations
    • Malware
    • Mobile
    • Reports
    • Security
    • Social Networks
    • Terrorism
    • ICS-SCADA
    • POLICIES
    • Contact me

    Copyright@securityaffairs 2024

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities...
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Non-necessary
    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
    SAVE & ACCEPT