Three Malaysian banks face back-to-back service disruptions, raising public fears of cyberattacks.

On November 8, according to Lianhe Zaobao, Malaysia’s National Savings Bank, Islamic Bank, and Bank Rakyat separately reported partial service disruptions on November 6 involving cross-bank withdrawals, mobile applications, and official websites, sparking concerns over potential cyberattacks. However, there is currently no evidence suggesting the three banks were targeted, and it remains unclear whether the disruptions are linked.

The National Savings Bank stated that difficulties with cross-bank withdrawals were related to high ATM transaction volumes; the Islamic Bank attributed app issues to compatibility problems with Android 17; and Bank Rakyat confirmed that the website interruption did not impact its banking systems, customer data, or deposit security. PayNet also clarified on November 7 that the shared ATM network was operating normally.

Separately, according to Coin Bureau citing FortiGuard Labs data, Indonesian banks and financial institutions faced approximately 214,000 cyber threats in the 24-hour period ending November 7, accounting for 61% of the national total. These figures reflect threat detection counts and do not indicate that banks have been breached, nor should they be used to draw conclusions linking them to the Malaysian incidents.