Particle.news
Download on the App Store

Sri Lanka Confirms Finance Ministry Hack That Diverted Debt Payment to Australia

The breach spotlights weak points in Sri Lanka’s new debt‑payment system, prompting cross‑border probes.

Overview

  • The finance ministry said Thursday that hackers stole millions by diverting an external debt payment meant for Australia.
  • Officials put the loss at US$2.5 million, though some outlets reported more than US$3.7 million as the total remains under review.
  • Four senior officers at the Public Debt Management Office were suspended after the breach, and the ministry filed criminal complaints.
  • Investigators are coordinating with Australian law enforcement after a break‑in to ministry email servers revealed a redirected transfer.
  • The attack hit a unit set up under IMF-backed reforms to manage repayments, raising concern over state cyber defenses and prompting calls for a parliamentary inquiry.