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Showing posts from May, 2023

Bank South Pacific BSP - Hacked!

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 BSP HACKED! The Bank South Pacific BSP bank has been having problems with its newly implemented system upgrade this year 2023 since its rollout during the Easter period. Due to the disruption to its services, and other factors the bank made a loss of more than K2 million. These are some questions the customers of BSP should be asking; 1. How can such a big financial institution with a larger customer base in the Pacific region that has all the best professionals in their respective fields working for it be facing such problems? 2. Why don't they do an offline TEST before running it online? 3.How is it possible that customers are having an increase to their accounts initial balances, which enables them to withdraw more than they initially have. With these 3 questions in mind, we can easily come to a simple conclusion that BSP has been hacked! But the management of Bank South Pacific BSP are too afraid to give out the real information to the public. In the fear of losing their custo...