Hackers stole $1.7 million from Central Bank of Uganda – Biography Points

Hackers steal $17 million from bank

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Hackers stole $1.7 million from Central Bank of Uganda

Uganda’s central bank, the Bank of Uganda, suffered a recent cyber attack in which hackers stole $17 million. According to foreign sources, the attackers gained access to the bank’s IT systems and transferred the money to another account. According to reports, a Southeast Asian hacking group involved in the attack transferred some of the stolen money to Japan.

The Bank of Uganda said it had managed to recover half of the stolen money. Ugandan President Yoweri Museveni has ordered further investigations into the cyber attack to determine the nature of the incident and further steps to be taken.

Incident of hacking in Pakistan too

Earlier, hackers stole more than Rs 5.8 lakh from an ATM in Pakistan’s Pindi Bhattian area. According to bank sources, hackers hacked the ATM device and removed the tray of Rs 5,000 notes. The ATM automatically shuts down when the device is disconnected. After this incident, an alert was also issued by the bank and the guard reached the machine and found it empty. A case has been registered in this incident.

Russian ambassador to Europe summoned

Meanwhile, the Russian ambassador to Germany was summoned after the expulsion of German journalists came to light. This is a separate issue, but raises issues such as the sensitivity of international relations and cyber attacks.

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