For Immediate Release
PORT MORESBY 27 February 2025
THE BANK OF PAPUA NEW GUINEA CONFIRMS RECENT CYBER INCIDENT IDENTIFIED AND CONTAINED WITH NO IMPACT ON BANKING SYSTEMS
The Bank of Papua New Guinea (BPNG) assures the public that a recent cyber incident was identified and contained with no impact on financial data or banking systems.
On February 21, BPNG’s cybersecurity team detected unusual network activity within an isolated test environment and separate from critical network infrastructure. The issue was fully contained and resolved by February 23, with no disruption to banking operations or stakeholder data.
This incident is unrelated to a recent cybersecurity event elsewhere in Papua New Guinea. The two events were entirely separate, employing different methods and targeting different systems. At all times, BPNG’s banking operations, financial systems, and stakeholder data remained secure.
As part of its ongoing commitment to cybersecurity, BPNG continues to strengthen its security framework through enhanced monitoring and international collaboration, ensuring its systems remain secure against emerging threats.
All essential banking services remain fully operational and protected by internationally recognised security measures. BPNG remains committed to maintaining the highest security standards and safeguarding the stability of Papua New Guinea’s financial system.
Authorised by:
Ms. Elizabeth Genia
GOVERNOR OF THE BANK OF PAPUA NEW GUINEA
Head office: ToRobert Haus, Douglas Street, Port Moresby NCD P.O Box 121 Port Moresby
NCD
Tel: +675 322 7200 Email: [email protected] Web: www.bankpng.gov.pg