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Informative Update: Gulf Bank – Service Disruption

Analysis Summary

Gulf bank encountered the service disruption on 27th March 2019 which impacted the operations on international transfers , and now Gulf Bank of Kuwait has confirmed that they’ve lost potentially KD 2.8 million’in that targeted attack. They’ve also come out with the announcement that it has only impacted them with the 0.4% of their total capital and it has only affected the international transfers and has not affected any of their customers accounts in any way.

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Impact

Service Disruption

Affected Vendors

Gulf Bank

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