HighFraudMonitoring· updated Nov 6
Bank SinoPac New Online Banking Unauthorized Transfers: Hackers Exploit Vendor Security Configuration Flaw; NT$41.76M Across 418 Customers Transferred and Refunded
Bank SinoPac experienced unauthorized customer account transfers on November 3 and held a press conference on November 4 confirming that external hackers had exploited a security configuration flaw in a new online banking transaction system provided by a third-party vendor .