Sri Lanka Arrests Two Over Hacking of Taiwan Bank Accounts

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Two people have been arrested in Sri Lanka for suspected money laundering from a Taiwanese bank whose computer system was hacked to enable illicit transactions abroad, police said on Monday.

Police acted after state-owned Bank of Ceylon reported a suspicious transfer into one of its accounts of $1.2 million from Taiwan Far Eastern Bank, followed by a withdrawal of some of the money by one of the suspects.

“We arrested on a tip-off from the Bank of Ceylon that there had been a suspicious transaction,” Shani Abeywardana, director at the police criminal investigations division (CID), told Reuters.

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