Saturday 26 September, 2020

Scam Attack: Republic Bank trying to speedily assist clients

The two suspects in the recent spate of ATM attacks.

The two suspects in the recent spate of ATM attacks.

Stressing that Republic Bank was not the sole bank hit by financial scammers in a recent spate of digital attacks, Republic is promising to speedily resolve issues.

In a statement issued yesterday, Republic Bank stated that it is among local financial institutions, presently supplying information and data to assist the Royal Barbados Police Force (RBPF) with their ongoing investigation of ATM skimming activities, which have affected customers of several local commercial Banks.

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Images of two suspects were released by the RBPF on Thursday afternoon and Republic Bank will
continue to render any assistance necessary to law enforcement.

And they asserted:

"We appreciate that this process may cause some inconvenience to any affected customers, and we are making every effort to bring speedy resolution in cases where our customers have been affected."

The statement further reiterated that this breach has affected several financial institutions, not only Republic Bank, and to date, there is no evidence that our systems have been uniquely compromised.

And for persons impacted, who were questioning why they must make a personal report to the nearest police station, the Bank said:

"We also remind all Republic Bank customers of the directive by The Barbados Bankers Association (TBBA) to report any breach detected on your accounts to your respective financial institutions. We are assured that the RBPF is doing all in its power to bring the perpetrators to justice and join the call for all members of the public to share any information that they may have."


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