Tag Archives: swift banking system

SWIFT Hack: Bangladesh Bank Recovers $15 Million from a Philippines Casino

Part of the $81 Million stolen from Bangladesh bank’s New York Federal Reserve account earlier this year in the wake of the major malware attack on the SWIFT interbank transfer network has been tracked down to a casino in the Philippines.

SWIFT, or Society for Worldwide Interbank Telecommunication, is a global financial messaging system that thousands of banks and organizations around the

SWIFT Hackers Steal $10 Million From Ukrainian Bank

A Ukrainian bank has become the latest victim of the widespread cyber attack on global banking and financial sector by hackers who target the backbone of the world financial system, SWIFT.

Hackers have reportedly stolen $10 Million from an unnamed bank in Ukraine by exploiting the SWIFT international banking system, according to an independent IT monitoring organization called the Information

Philippines Bank hit by SWIFT Hacking Group allegedly linked to North Korea

SWIFT Bank Hackers have attacked another bank in the Philippines using the same modus operandi as that in the $81 Million Bangladesh Bank heist.

Security researchers at Symantec have found evidence that malware used by the hacking group shares code similarities with the malware families used in targeted attacks against South Korean and US government, finance, and media organizations in 2009.
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Ecuador Bank Hacked — $12 Million Stolen in 3rd Attack on SWIFT System

Bangladesh is not the only bank that had become victim to the cyber heist. In fact, it appears to be just a part of the widespread cyber attack on global banking and financial sector by hackers who target the backbone of the world financial system, SWIFT.

Yes, the global banking messaging system that thousands of banks and companies around the world use to transfer Billions of dollars in