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Banco de Chile Loses $10 Million in SWIFT-Related Attack

Banco de Chile lost about $10 million due to fraudulent SWIFT wire transfers on May 24. The theft happened while the bank was dealing with hundreds of workstations and servers that suddenly stopped working. Researchers say they’ve analyzed the malware used for the distraction portion of the attack. The real target was the bank’s SWIFT system, which relays messages to coordinate international wire transfers. The bank was able to stop some of the fraudulent transactions, but the bank has also made a complaint in Hong Kong.”]

Source: https://www.cuinfosecurity.com/banco-de-chile-loses-10-million-in-swift-related-attack-a-11075

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