Blog | G5 Cyber Security

Malaysia’s Central Bank Blocks Attempted SWIFT Fraud

Malaysia’s central bank says it successfully blocked a Tuesday attack that attempted to steal funds via fraudulent SWIFT messages. The bank has not identified a potential culprit behind the attack. Attackers have been on the information security defensive since February 2016, when attackers stole $81 million from Bangladesh’s account at the New York Federal Reserve via fraudulent messages. In February, one Russian bank lost $6 million to just such an attack; a small Indian bank that lost $1 million to attackers in February. In August 2016, the Bangladesh Bank heist was widely attributed to the government of North Korea.”]

Source: https://www.databreachtoday.com/malaysias-central-bank-blocks-attempted-swift-fraud-a-10758

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