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Once Again, Thieves Enter Swift Financial Network and Steal

Bottom Line IT
June 1, 2016 6:00 PM

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Thieves have again found their way into what was thought to be a the most secure financial messaging system in the world and stolen money from a bank. The crime appears to be part of a broad online attack on global banking. New details about a second attack involving Swift, the messaging system used by thousands of banks and companies to move money around the world, are emerging as investigators are still trying to solve the $81 million heist form the central bank of Bangladesh in February.

Security researches have tied the recent spate of digital breaches on Asian banks to North Korea, in what they say appears to be the first known case of a nation using digital attacks for financial gain.

For More Information Visit:

http://www.nytimes.com/2016/05/13/business/dealbook/swift-global-bank-network-attack.html?_r=2

http://www.nytimes.com/2016/05/27/business/dealbook/north-korea-linked-to-digital-thefts-from-global-banks.html?_r=0


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