Blog | G5 Cyber Security

SWIFT brings in external support as it fights wave of bank hacks

SWIFT is bringing in additional security support after a series of high-profile bank heists and attempted heists conducted via its financial transaction network. The company has hired two security firms, UK-based BAE Systems and Fox-IT Security, to help its customers strengthen their security. SWIFT’s network has not been breached in the recent attacks, but bank systems connected to it have been hacked in a number of incidents over the last year. The most spectacular of which almost led to the loss of US$1 billion from Bangladesh Bank.”]

Source: https://www.csoonline.com/article/3093989/swift-brings-in-external-support-as-it-fights-wave-of-bank-hacks.html

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