Bank in Nepal targeted by cybercrime
NIC Asia Bank, one of the Nepal largest private sector commercial banks based in Kathmandu, suffered an attack last month that led to attackers issuing fraudulent money transfers via the SWIFT interbank messaging service. NIC Asia Bank said that the attackers initiated USD$4.4 million in fraudulent money transfers from its accounts to accounts in other countries. Immediately after the attack, NIC Asia Bank informed Nepal Rastra Bank and was able to recover USD$3.9 million.
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