Serious Security Risk in PHP: Nepal Rastra Bank Website Down, Banks' Online Services Temporarily Suspended
Following a globally identified serious security vulnerability in the PHP web technology, Nepal Rastra Bank has temporarily shut down its website and other online services. The central bank has instructed banks, financial institutions, payment system operators, and remittance companies to adopt necessary security precautions.
Kathmandu — The website of Nepal Rastra Bank has gone 'down' after a serious security vulnerability was detected globally in the PHP web technology. Issuing a notice, the central bank said it has temporarily suspended its website and other services in view of the risk.
Nepal Rastra Bank has apologized for the inconvenience caused to stakeholders in the banking and financial sector and the general public. It also said essential notices and information will be made available through social media.
Meanwhile, the central bank has urged banks and financial institutions, payment system operators, payment service providers, and remittance companies to adopt necessary security precautions, strengthen the systems used on their servers, and increase regular security monitoring in light of the PHP vulnerability.
- Banks and financial institutions should conduct security checks on their systems
- Payment system operators and service providers should strengthen server security
- Remittance companies should increase regular security monitoring