Banco de Venezuela Still Struggling to Restore Services After Last Week’s Cyberattack

guest · Sep 20, 2021

Banco de Venezuela Still Struggling to Restore Services After Last Week’s Cyberattack
September 20, 2021
https://www.technadu.com/banco-de-v...store-services-last-weeks-cyberattack/302635/

The largest and most important financial institute in Venezuela is going through extensive downtime following a cyberattack.

No details around what exactly has happened have emerged, while the restoration of the services is still underway.

People cannot withdraw from ATMs, pay through the mobile banking app, or use PoS terminals for the fifth day.

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Banco de Venezuela, the largest and most important financial institution in the South American country, is still in the process of restoring its services following a cyberattack that crippled it on September 15, 2021. The bank informed its customers about the nature of the problems only two days later, and since then, there have been no updates on when to expect a return to normal operational status. This leaves about 16 million clients in uncertainty, and some already express concerns about their ability to cover their basic needs.

To make matters worse, no official entities or government representatives have made any public statement to appease people’s concerns or provide assurances. All that the people get right now is a “we’re working on it” statement from the bank.
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With every day that passes and the pressure mounting even more, some people from within the institute begin to point fingers at those responsible for the situation. One technician stated on social media that the lack of investment and obsolescence of equipment and the systems that are used in Banco de Venezuela is to blame for the failure.

As for who is responsible for this mess, not many details have been provided or leaked around this.
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Banco de Venezuela Still Struggling to Restore Services After Last Week’s Cyberattack

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