Banco del Austro, or BDA, in Ecuador, has sued Wells Fargo for $12.2 million. The theft was revealed via a lawsuit filed by BDA against Wells Fargo on Jan. 28. Wells Fargo successfully recovered and returned to BDA $1.85 million of its stolen funds, court documents show. BDA holds Wells Fargo responsible for not flagging transactions as suspicious, according to court documents. Meanwhile, a Vietnamese bank foiled a plot to transfer money via the interbank SWIFT messaging system.”]
Source: https://www.cuinfosecurity.com/another-swift-hack-stole-12-million-a-9121