SWIFT Warns of Cyber Assaults as Multiple Networks Compromised
Posted: Tue Aug 30, 2016 9:47 am
SWIFT, a global financial messaging network, has cited new hacking attacks against multiple member banks in its global constituency, the first such instances since an earlier attempted heist of over $1 billion earlier this year at Bangladesh Bank, according to a SWIFT report.
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Back in February, a $1 billion heist resulted in the theft of $81 million from the central bank of Bangladesh, placing SWIFT’s systems in the crosshairs. Despite mutual finger pointing, allegations arose of negligence on SWIFT’s side, after technicians failed to ... (read more)