E.Sun Bank in Taiwan Hit by Mass Unauthorized Transfer Incident; 419 Customers Affected, Involved Amount Exceeds NT$40 Million

According to 深潮 TechFlow, on November 3, CNA reported that E.Sun Bank in Taiwan experienced a large-scale irregular account transfer incident. Preliminary investigations found 427 abnormal transactions, each worth about NT$100,000, involving more than NT$40 million and affecting 419 customers. The related funds were all transferred into one account at Taipei Fubon Bank, which is currently temporarily frozen.

E.Sun Bank said it has used advance payments to reimburse affected customers and taken the new mobile banking app offline, temporarily directing users to conduct transactions through the old app and ATMs. The Financial Supervisory Commission required E.Sun Bank to submit a major incident report by November 12 and will decide whether to impose penalties based on the cause and severity of the incident. The bank is still investigating the cause of the information system anomaly.

Source: 深潮 TechFlow