Cyber Terrorism Targets Brunei Bank, But No Cause For Worry Says GM
By Ignatius Stephen

Bandar Seri Begawan - Baiduri Bank has received an extortion threat from an international cyber group with Eastern European connections, claiming to have accessed information pertaining to its customers.

Mr Pierre Imhof, the bank General Manager in a circular to customers added that such threats are not new and more and more financial institutions and commercial companies worldwide are now targeted by such groups.

“The Bank's strategy is clear. We will not let our customers or the Bank become victims of cyber terrorism.

“We will not enter into negotiation or any kind with such parties. The bank immediately lodged a report with the Royal Brunei Police Force and will continue to cooperate with law enforcement authorities, both focally and internationally, Mr Imhof added.

After an immediate and exhaustive investigation, we can confirm that this group's access was limited. As a precautionary measure, we have suspended our Internet and mobile banking operations, the bank circular added.

“We can also confirm that we have, further tightened internal security procedures with the assistance of international IT Security experts to stop similar attempts in the future.

“Rest assured your money is safe and your account balances have not been affected. All current banking services are operating normally at our branches and ATMs. None of our customer transactions have been affected and all future transactions will continue to be processed in a safe and secure environment, protected from external parties.

The Management of the bank very much regrets this incident. This group may attempt to communicate with you, but we advise you not to communicate by any means with loan or third parties regarding information about your personal or financial details, the circular added.

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