Central Banks Robbed By Hackers For Millions

Second Bank Hit By Major Cyber Heist
Swift, the financial payments system that has about 11,000 banks as customers, has warned of a second financial cyber attack, mirroring one of the biggest ever robberies earlier this year at the Bangladesh central bank.

Without naming the bank, Swift said the “attackers clearly exhibit a deep and sophisticated knowledge of specific operational controls within the targeted banks — knowledge that may have been gained from malicious insiders or cyber attacks, or a combination of both”.

Experts said on Friday that a Vietnamese bank was the financial concern involved and that it had recently been robbed by cyber criminals using similar methods to this year’s record digital theft of $101 million at the Bangladesh central bank, and a 2014 data breach at Sony.

Swift urged clients to “urgently review controls in their payments environments, to all their messaging, payments and e-banking channels”.

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Christopher Kemmett

Founder of The Real Strategy and Lowest Priced Advertisements.

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