SWIFT Investigation Expands to 12 Banks After Attempted $1B Heist
Posted: Thu May 26, 2016 2:31 pm
The ongoing saga SWIFT’s security breach has expanded exponentially today, after an attempted $1 billion heist has cast light on upwards of twelve other banks all presently utilizing SWIFT’s system and network.
Last month, SWIFT systems suffered a malware breach, resulting in the theft of $81.0 million from the Bangladeshi central bank – blame for the attack has since shifted over to the international payments network, after allegations that SWIFT technicians inadvertently facilitated vulnerabilities with a new transaction system.
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