<\/p>\n
A software bug at a billion-dollar bank has allowed customers to withdraw cash that\u2019s not theirs.<\/p>\n
The bug made it possible for people to send about $1,000 \u2013 even if they have insufficient funds \u2013 to digital banking apps like Revolut.<\/p>\n
When the transfer was complete, Bank of Ireland customers could then withdraw the funds from an ATM, reports<\/a> The Irish Times.<\/p>\n Once the banking backdoor was discovered, reports quickly spread on social media as people raced to see if it would work.<\/p>\n Scenes across Ireland last night as a glitch at the ‘Bank of Ireland’ meant people were able to withdraw \u20ac1000’s even if you had nothing in your account.<\/p>\n Gardai are now guarding the machines. pic.twitter.com\/iLzLXwqIE8<\/a><\/p>\n \u2014 UK Justice Forum ?? Latest Video News Updates! (@Justice_forum) August 17, 2023<\/a><\/p>\n<\/blockquote>\n An anonymous customer tells<\/a> Vice that she heard about the bug via text and was surprised when it actually worked without a hitch.<\/p>\n \u201cI left work and I had a load of texts on my phone saying \u2018you can get free money from Bank of Ireland\u2019. I tried it as a joke and it actually worked. I was going to give it back, because obviously they are all saying you have to\u2026 but I\u2019m not getting paid until Thursday. <\/em><\/p>\n So I booked to get full highlights done, [bought] a couple of t-shirts and some recording studio time\u2026 But right now on the app it doesn\u2019t say I owe anything. Even if I wanted to, I wouldn\u2019t know how to pay it back now.\u201d<\/em><\/p>\n The bank has apologized for the error and says all withdrawals will be designated as a debit on people\u2019s accounts.<\/p>\n Overall, the bank says the number of transactions conducted on the night that the issue was discovered are not a \u201csignificant proportion\u201d of its transaction volumes for an average day.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>\n
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