In news that will send a shiver down the spines of banking regulators worldwide, bank-owned messaging Swift is warning members of a second victim of the malware-based attack that led to an $81 billion loss at the Bangladesh Central Bank.
In a letter sent to member banks this morning, and reviewed by the New York Times, Swift warned that the latest attack bore numerous similarities to the $81 billion heist suffered by the Central Bank of Bangladesh and was very likely part of a “wider and highly adaptive campaign targeting banks”.
“The attackers clearly exhibit a deep and sophisticated knowledge of specific operation controls within the targeted banks — knowledge that may have been gained from malicious insiders or cyberattacks, or a combination of both,” Swift said in its warning, which is expected to be posted on a secure part of its website on Friday. For the full article click here
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