Malaysia central bank says investigation ongoing into potential data breach

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KUALA LUMPUR: Malaysia’s central bank on Aug 12 stated the nation’s transaction systems remain secure despite a potential data breach announced simply by payment gateway service provider iPay88 (M) Sdn Bhd.

ALSO READ: Payment gateway company iPay88 says ‘cybersecurity incident’ may have compromised users’ card data

“The breach originated from and it is confined to iPay88’s payment card techniques and does not involve vulnerabilities in the banks’ systems, ” Bank Negara Malaysia (BNM) stated in a statement.

BNM said forensic investigations are still on-going. – Reuters