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Blame Game: SWIFT at Fault Following $81m Bangladesh Bank Heist?

Posted: Sun May 08, 2016 10:30 am
by kreslik.news

Just a couple weeks after a malware breach at SWIFT, which resulted in the theft of $81.0 million from the Bangladeshi central bank, blame for the attack has started to circle over the international payments network, given allegations that SWIFT technicians inadvertently facilitated vulnerabilities with a new transaction system, according to a recent Reuters report.

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Late last month, hackers managed to modify SWIFT’s client software, exposing several vulnerabilities across such a globally diverse system. The Bangladesh ... (read more)