Hackers took advantage of gaps in cybersecurity coverage at the periphery of the Society for Worldwide Interbank Financial Telecommunication’s (SWIFT) network — which enables cross-border banking transactions worth trillions for some 10,000 banks that use the service across more than 200 countries — to pull off a...
The malware used by several cybergangs in Russia and Eastern Europe has been tied back to the string of bank heists that resulted in the Bangladesh cyberheist, where $81 million was taken without a trace from the central bank’s account at the NY Fed. Get the...
During a recent meeting in Basel, Switzerland, to discuss the $81 million cyberheist at the central bank of Bangladesh, representatives from the Federal Reserve Bank of New York, Bangladesh Bank and SWIFT agreed to work together to track down the stolen funds. Get the Full...
The Bangladesh central bank heist saga continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
June 12, 2017
Digital security may just be a pipe dream that society will always be chasing. With each new digitally infused product or service that opens up to the public, new doors to new weakness and cyber crime open up as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]
May 01, 2017
Hackers took advantage of gaps in cybersecurity coverage at the periphery of the Society for Worldwide Interbank Financial Telecommunication’s (SWIFT) network — which enables cross-border banking transactions worth trillions for some...
June 20, 2016
The malware used by several cybergangs in Russia and Eastern Europe has been tied back to the string of bank heists that resulted in the Bangladesh cyberheist, where $81 million was...
May 11, 2016
During a recent meeting in Basel, Switzerland, to discuss the $81 million cyberheist at the central bank of Bangladesh, representatives from the Federal Reserve Bank of New York, Bangladesh Bank...