Taiwan Orders Investigation into NT$42 Million Unauthorised Bank Transfers

On 5 November, Taiwan's Financial Supervisory Commission reported that Bank SinoPac had reimbursed customers affected by unauthorised transfers totalling nearly NT$42 million involving 427 transactions. The incident was linked to security settings in a new online banking transaction system, and prosecutors opened an investigation. The case highlights demand for cybersecurity governance, financial compliance and operational-risk management. HPC can support risk assessments, compliance reviews and technology-governance advisory.

If you are interested to enquire further, please fill in the form below with your details and one of our consultants will contact you shortly.