With the pandemic situations and emerging use of digital payment technologies, many companies have transformed the way they do business with e-financing. Recently, TEKUN Nasional experienced cyberattacks on its SPIM system.
On the 19th of February this year, The Edge Markets released a news report detailing a cyberattack on the online application system for the Informal and Micro Financing Scheme (SPIM), a system that was developed by The National Entrepreneur Group Economic Fund (TEKUN Nasional).
In the news report, it was detailed that the public had received late payments due to the disruption. And although the matter was remedied through manual payments and did not involve any financial losses, the underlying issue still remains. This cannot be taken lightly, as this involves the security of online financial data.
Therefore, Condition Zebra, advises companies to do Penetration Testing on their critical IT assets such as Web & Mobile Applications and Network Infrastructure to ensure all the security vulnerabilities are checked thoroughly and patched before hackers could take advantage of them.
Through industry-recognized systematic Penetration Testing methodologies, companies can make sure that their own data, be it financial or otherwise, will not be stolen and utilised by malicious attackers.
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Condition Zebra is a leading B2B Cyber Security company that offers Professional Services and Training for SMEs, Education, Financial & Government institutions. It’s critical to train your IT teams with our Online Distance Learning in the area of Network Penetration Testing and Web Penetration Testing.
Source:
TEKUN Nasional lodged a police report over a cyberattack