On the 7th of February, a group of unidentified guys hacked and cleared 14 Silk Bank Automated Teller Machines (ATMs) in Lahore.
According to sources, the hackers attacked each of the 14 ATMs on the spot and stole millions of dollars. The Federal Investigation Agency’s (FIA) Cyber Crime Wing and the provincial capital police have launched an investigation to get to the bottom of the situation as quickly as feasible.
A similar event occurred in November 2021, when hackers stole more than Rs. 5.8 million from an ATM at a National Bank of Pakistan branch in Pindi Bhattian, a city in Punjab’s Hafizabad district.
According to sources at the time, the cybercriminals utilized a gadget to hack the ATM tray containing Rs. 5,000 bills and stole the entire tray with them. The security guards rushed to the ATM booth as soon as an alert was transmitted from the ATM to the bank’s head office when it went off after being hacked, according to the bank’s manager.
But it was too late, and the thieves escaped before the guards could reach the ATM.