FDH Bank hacked: Malawi prominent customers data breached

FDH Bank, which is on a path to list on the 14-counter Malawi Stock Exchange (MSE) by June 2020, has had its customers data breached by hackers, Nyasa Times understands.

According to information which Nyasa Times has got , hackers has attacked the FDH Bank system.

Nyasa Times has seen all the system data, customer data  and email conversations between the hacker  and FDH bank.

The details of account holders, their contacts details and transactions including the account of the Office of the State Vice President have also been seen by Nyasa Times.

Nyasa Times contacted Head of IT at FDH Bank, Ganizani Phiri , whose correspondence with the hackers we have seen for his comment.

Phiri promised to comment on the inquiry from Nyasa Times and promised to revert with information.

“I will need to get more information,” Phiri said.

He later asked Nyasa Times to  “share the information” which it has in possession “so that we can verify  if it is indeed ours. Then we will comment quickly.”

The information was shared but FDH Bank has not yet commented.

In 2015, FDH Financial Holdings, the parent company of FDH Bank, bought an 80 percent stake in the then Malawi Government wholly-owned Malawi Savings Bank (MSB), which included five percent for the bank’s employees.

In 2017,  FDH Bank board approved the disposal of investment in MSB Properties Holdings Limited, which owned MSB Properties Limited to FDH Money Bureau Limited.

This was part of FDH Bank reorganisation to optimise the bank’s capital structure, according to the bank.

 

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TIPEX ELECTIONS
1 year ago

The likely result you get when you are a thief. FDH is a bank of thieves and its being used by DPP thieves. Mwatchela kumwezi nkhanga zaona

Medson
Medson
1 year ago

I think the bank must ask Suleiman is an IT expert he may know something.

Lego
1 year ago

Its a deliberate move

Chimdima
Chimdima
1 year ago

OK, please share the leaks

Nambe
1 year ago

Let’s appreciate our fellow Malawians effort to start a robust business like a bank. Systems do fail and get restored. Enanu olo okala mukukanika kutsegula

TIPEX ELECTIONS
1 year ago
Reply to  Nambe

Mbava za DPP zachabechabe izi

Corporal
Corporal
1 year ago

Who cares about his cadet bank!

Nyankhoma
Nyankhoma
1 year ago
Reply to  Corporal

You should care because this bank launders your taxes

lincoln
lincoln
1 year ago

Works of an amateur hacker… by maintaining conversation with the data owner / processors (FDH Bank), it is easy to for the hacker to leave footprint and eventually be traced. But I can guarantee, FDH don’t have good IT forensic experts.. So this issue will go away. This kind of data breach requires government intervention: 1- Impose fines on FDH for leaving the system insecure 2 – As a response, FDH need to inform each and every customer affected and the possible impact on them 3 – FDH needs to inform the government and customers what remedial measures they have… Read more »

Nasingwe
Nasingwe
1 year ago

mudabwa awa ndiomwe akukanganula ndalama zathu.
tikumva tidikile. awawa awa

Zanganga
Zanganga
1 year ago

Ma Bank wonsewa kupita ku FDH

Scorpion
Scorpion
1 year ago

Wake up malawians , check all asians and you will see that none of them have got loyalty towards the country. All those you see have aquired their illgotten wealth by robbing your assets. These criminals have corrupted your leaders and have siphoned all your wealth out of your country and have deposited it in uk and rest of the world. All that aid and foreign exchange come to you is taken away by these greedy people. Wake up get these people out before you end up bankrupt.

Tarantula
Tarantula
1 year ago
Reply to  Scorpion

Firstly this is not the issue being discussed on this article. I understand your frustration and anger when the Africans have already woken up a decade ago . I don’t know what colonizing nation you represent but I hope your not a European. But since your dragged it in let’s start with loyalty. This is a fundamental issue that starts from home. You first have to clean the mess in your house before you go clean other peoples mess or even complain about others mess .In short words when a whole government and public (not all civilians) doesn’t show loyalty… Read more »

Chimdima
Chimdima
1 year ago
Reply to  Tarantula

He is right, let us call out One Devil at a Time

Tarantula
Tarantula
1 year ago
Reply to  Chimdima

Unfortunately it is this mentality, prejudice and hatred that Malawi shall remain in the Dark ages. You see when for example if a tree had Cancer you wouldn’t just chop of a branch and expect it not to spread to the rest of the tree. The whole tree in this case the system from top to bottom is infected ,you simply have to chop the whole tree down and uproot it. Plant a new tree if you want to reset and restart with a blank canvas. But since the learned people know and understand that it’s not possible ,it’s business… Read more »

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