No security breach at banks, says ABM

After the doldrums, the sector is expected to pick up momentum in the second half of next year with a recovery in, among others, oil prices as well as a clear direction on US policies especially on its interest rates

KUALA LUMPUR: The Association of Banks in Malaysia (ABM) has assured bank customers that there has been no security breach at its member banks and its customers’ data has not been compromised.

It issued the statement on Tuesday following recent media reports that the websites of several organisations that have been hacked. 

“The commercial banking industry takes a very serious view of cybersecurity matters and has always been vigilant in managing risks relating to the same. 

“Efforts are continuously made to ensure that the appropriate controls are in place according to best practices which involve robust check and balance mechanisms with timely transactions monitoring,” ABM said.

It also advised the bank customers to report to their bank(s) immediately should they suspect that their data may have been compromised. 

“Customers who are active users of online banking are also advised to change their passwords frequently and not to open or click on unsolicited mails and links with/without attachments,” it advised. 

ABM also said the customers should ensure their anti-virus/antimalware software are up to date and functioning.

It urged the public to contact it at ABMConnect by calling 1-300-88-9980 for any queries or assistance.