SWIFT strengthens security after further raids on banks

Computer Fraud & Security · 2016

Following the theft of $81m from the Bank of Bangladesh, further bank raids have been reported that also exploited the SWIFT international funds transfer system. The same cybercrime group has been blamed for the theft of $12m from the Banco del Austro in Ecuador. And researchers at Symantec believe the group's digital fingerprints are all over earlier raids against a bank in the Philippines and the Vietnamese bank Tien Phonga in 2015.

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