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Officials in Several Nations Probe SWIFT Security

Officials in several nations are probing the security of the SWIFT interbank messaging system in the wake of recent hacker attacks. The scrutiny was triggered by a February incident in which hackers stole $81 million from the central bank of Bangladesh’s New York Federal Reserve account via the messaging service provided by Brussels-based SWIFT. News of another SWIFT hack has come to light, via a lawsuit filed by Banco del Austro in Ecuador against San Francisco-based Wells Fargo. A Vietnamese bank recently revealed it foiled a plot to transfer $1.36 million out of its accounts in the fourth quarter of 2015.”]

Source: https://www.cuinfosecurity.com/officials-in-several-nations-probe-swift-security-a-9123

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