Cyber Heist news and trends

Today In Data: True Digital Security May Not Happen Because Of Cyber Crime

June 12, 2017
Ransomware Scores Big
Hackers Leveraged SWIFT Gaps To Pull Off Heists
Security & Fraud // 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 10,000 banks that use the service across more than 200 countries — to pull off a...

Russian Cybergangs Linked To Massive Bank Heists
Security & Fraud // 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 taken without a trace from the central bank’s account at the NY Fed. Get the...

Fed, SWIFT, Bangladeshis Align To Find Missing $81M
Security & Fraud // 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 and SWIFT agreed to work together to track down the stolen funds. Get the Full...

Philippine Regulators Say Remittance Firm Hid Heist
Security & Fraud // April 29, 2016

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...

Quick Reads
Today In Data: True Digital Security May Not Happen Because Of Cyber Crime

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 […]

Hackers Leveraged SWIFT Gaps To Pull Off Heists

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...

Russian Cybergangs Linked To Massive Bank Heists

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...

Fed, SWIFT, Bangladeshis Align To Find Missing $81M

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...