Banks face persistent, sophisticated and sustained cyberattacks from hackers looking to exploit the SWIFT messaging network, according to reports.
Tag Archives: Swift
SWIFT-ly goes the money
Multi-million dollar thefts with the SWIFT system have five security lessons for ordinary people.
The post SWIFT-ly goes the money appeared first on Avira Blog.
SWIFT Network Doubles Down on Security
SWIFT reminds banks of their responsibility in securing their access to the financial network, and creates a centralized information sharing resources for users.
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
Second Bank hit by Malware attack similar to $81 Million Bangladesh Heist
SWIFT, the global Society for Worldwide Interbank Financial Telecommunications, warned on Thursday of a second malware attack similar to the Bangladesh central bank hack one that led to $81 million cyber heist.
In February, $81 Million cyberheist at the Bangladesh central bank was carried out by hacking into SWIFT, the global financial messaging system that thousands of banks and companies
How Did Hackers Who Stole $81 Million from Bangladesh Bank Go Undetected?
In Brief
Investigators from British defense contractor BAE Systems discovered that hackers who stole $81 million from the Bangladesh Central Bank actually hacked into software from SWIFT financial platform, a key part of the global financial system.
The hackers used a custom-made malware to hide evidence and go undetected by erasing records of illicit transfers with the help of compromised
