Electronic transactions act News

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Local News

The Evolving Threat: How Digital Fraud is Reshaping Financial Security in Sri Lanka.

May 16, 2026 at 11:56 PM

This article explores the rising complexity of digital financial crimes in Sri Lanka, ranging from institutional bond scandals to sophisticated system 'glitches', and the critical role of whistleblowers in protecting the national economy.

19 sources

The Evolving Threat: How Digital Fraud is Reshaping Financial Security in Sri Lanka

Image Credit : island.lk

Local News

Image Source : sundaytimes.lk

Sri Lanka Implements Draconian Penalties for Cyber Negligence in State Financial Systems.

May 16, 2026 at 7:48 PM

5 sources

Local News

Image Source : sundaytimes.lk

People’s Bank Spearheads Digital Payment Revolution to Advance Cash-Lite Economy.

May 10, 2026 at 12:01 AM

10 sources

Local News

Image Source : newswire.lk

Serious Security Lapses Lead to $2.5 Million Cyber Fraud at Sri Lankan Treasury.

May 9, 2026 at 7:21 PM

6 sources

The Rising Tide of Cybercrime: Protecting Your Assets in the Digital Age

Image Source : rightworks.com

Technology•

May 2, 2026 at 4:07 AM

The Rising Tide of Cybercrime: Protecting Your Assets in the Digital Age.

An analysis of the growing threats to financial security, including phishing and ransomware, and why the financial sector remains a top target for cybercriminals.

18 sources

Local News

Sri Lanka Financial Authorities Sound Alarm Amid Escalating Digital Scams.

April 29, 2026 at 4:31 AM

Financial authorities in Sri Lanka, including the Sri Lanka Banks' Association and FinCSIRT, have issued a critical warning regarding a sharp rise in online financial fraud targeting mobile users through malicious links and deceptive apps.

10 sources

Sri Lanka Financial Authorities Sound Alarm Amid Escalating Digital Scams

Image Credit : sundaytimes.lk

Finance

CDB Unveils Nation's First QR Sound Box to Revolutionize Merchant Payments.

Citizens Development Business Finance PLC (CDB) has launched Sri Lanka's first QR Sound Box, a device that provides instant voice confirmation for digital payments to boost merchant transparency and SME adoption.

April 27, 2026 at 8:31 PM

5 sources

Local News

Government Investigating Major Cyber Heist at External Resources Department.

Sri Lanka’s Ministry of Finance is investigating a cyber breach at the External Resources Department, where hackers allegedly diverted a significant foreign currency payment. Authorities have involved the CID, SL-CERT, and the Financial Intelligence Unit.

April 24, 2026 at 12:24 AM

10 sources

Local News

Analysis: Why Sri Lanka’s $2.5 Million Debt Payment Divergence Was Likely a Process Failure.

Experts suggest the diversion of a $2.5 million sovereign debt payment was likely a Business Email Compromise (BEC) rather than a complex cyber-attack, highlighting critical gaps in financial verification processes.

April 24, 2026 at 12:18 AM

4 sources

Commercial Bank Enhances Digital Payment Ecosystem through Bancstac Partnership

Image Source : srilankachronicle.com

Local News•

April 19, 2026 at 7:14 PM

Commercial Bank Enhances Digital Payment Ecosystem through Bancstac Partnership.

Commercial Bank of Ceylon has signed a long-term agreement with Bancstac to implement a bank-controlled, secure, and scalable payment processing infrastructure to enhance its digital financial services.

10 sources

Technology

Cybersecurity Experts Issue Urgent Warning on Sophisticated Digital Threats.

April 11, 2026 at 11:59 PM

Experts at a recent Colombo seminar warned of the rising complexity of cybercrime, urging individuals to adopt stronger personal security measures and digital vigilance against threats like deepfakes and data theft.