SWIFT discloses more cyber attacks on its bank members and urges more security | Homeland Security Degrees

SWIFT discloses more cyber attacks on its bank members and urges more security | Homeland Security Degrees

https://homelandsecurityedus.wordpress.com/2016/09/01/swift-discloses-more-cyber-attacks-on-its-bank-members-and-urges-more-security/





SWIFT discloses more attacks against banks worldwide, pressures banks on security and urged member banks to implement the new SWIFT software by November 19.



In the last months, a worrisome string of attacks against banks worldwide through the SWIFT system has alarmed the banking industry. The so-called “SWIFT hackers” have conducted multiple cyber attacks against financial institutions. We reported the successful cyber heists on the Bangladesh bank, against a Ukrainian bank, and the Ecuadorian bank, meanwhile, a Vietnam bank reported to have blocked an ongoing cyber heist.



In May, a fourth Bank in the Philippines was a victim of the SWIFT hackers and t…

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SWIFT discloses more cyber attacks on its bank members and urges more security