recommended reading

Threatwatch

Irate over bank cash shortage, soldier seizes computer processing unit

Stolen device

When a man at an Allied Bank branch was unable to withdraw money and clashes ensued, security personnel discharged tear gas.

“Allied Bank, owned by Transport minister Obert Mpofu, is one of the institutions facing serious cash shortages and struggling to cope with withdrawals,” New Zimbabwe reports.

The computer robber, a soldier, seized the machine in apparent frustration.

The bank’s business director, Florence Gowora, told the publication: “The incident was caused by a soldier who came to our Travel Centre branch. He wanted to withdraw cash but in the process went to the customer services counter and asked for cash.”

A customer services representative directed him to a cash withdrawals counter but he refused to listen, insisting that he wanted cash at the customer services counter, Gowora said.

“In the process he picked up a CPU (a computer central processing unit) and started to move towards the door and that’s when our security guard followed him,” she added.

A manager who tried to intervene was overpowered by the soldier and “other people who seemed to be in connivance with him.”

When a security guard realized the situation was getting out of hand, he used a spray to disperse the mob, Gowora said.

The bank’s chief executive Stephen Gwasira expressed regret, saying, “Allied Bank sincerely apologizes for the inconvenience emanating from the prevailing cash shortages and assures its valued customers that the bank is making aggressive efforts to address the liquidity constraints.”

ThreatWatch is a regularly updated catalog of data breaches successfully striking every sector of the globe, as reported by journalists, researchers and the victims themselves.

sector

Financial Services

reported

December 17, 2013

reported by

New Zimbabwe

number affected

Unknown

location of breach

Harare, Zimbabwe

perpetrators

Individual hacker

location of perpetrators

Harare, Zimbabwe

date breach occurred

December 16, 2013

date breach detected

December 16, 2013

Thank you for subscribing to newsletters from Nextgov.com.
We think these reports might interest you:

  • It’s Time for the Federal Government to Embrace Wireless and Mobility

    The United States has turned a corner on the adoption of mobile phones, tablets and other smart devices, outpacing traditional desktop and laptop sales by a wide margin. This issue brief discusses the state of wireless and mobility in federal government and outlines why now is the time to embrace these technologies in government.

    Download
  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

    Download
  • A New Security Architecture for Federal Networks

    Federal government networks are under constant attack, and the number of those attacks is increasing. This issue brief discusses today's threats and a new model for the future.

    Download
  • Going Agile:Revolutionizing Federal Digital Services Delivery

    Here’s one indication that times have changed: Harriet Tubman is going to be the next face of the twenty dollar bill. Another sign of change? The way in which the federal government arrived at that decision.

    Download
  • Software-Defined Networking

    So many demands are being placed on federal information technology networks, which must handle vast amounts of data, accommodate voice and video, and cope with a multitude of highly connected devices while keeping government information secure from cyber threats. This issue brief discusses the state of SDN in the federal government and the path forward.

    Download
  • The New IP: Moving Government Agencies Toward the Network of The Future

    Federal IT managers are looking to modernize legacy network infrastructures that are taxed by growing demands from mobile devices, video, vast amounts of data, and more. This issue brief discusses the federal government network landscape, as well as market, financial force drivers for network modernization.

    Download

When you download a report, your information may be shared with the underwriters of that document.