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United Bank Limited (UBL) is a Pakistani multinational commercial bank, a subsidiary of the British company Bestway Group. It is based in Karachi, Pakistan. It is one of the largest banks in the Pakistani private sector with more than 1,400 branches in Pakistan, 19 branches abroad and a client base exceeding 4 million people.
History
2022: Hacker Money Theft
Cybercriminals robbed the leading bank Pakistan United Bank Limited (UBL) through - Internet banking, using a compromised data row debit cards to conduct in (fraudulent financial transactions dollars instead of Pakistani rupees). This became known on April 26, 2022.
The cyber incident forced the financial institution to suspend the services of international financial transactions through debit cards of almost all customers.
 | We haven't been exposed. to cyber attack No data leaks or no break-in occurred. We received complaints from some of our customers about fraudulent transactions through their debit cards. Those customers who lost money through no fault of their own will receive their money back in accordance with current banking insurance and laws, "said a representative of United Bank Limited. |  |
It remains unknown how much money and how many bank accounts were stolen by cybercriminals[1].
Notes
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