Sitting Ducks

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Image Source: Article

When hackers attacked the Bangladesh Bank network in February, stealing $81 million - touted by many as one of the biggest bank heists so far - nobody knew that cyber attackers have been able to send what looked like 'legitimate' SWIFT money transfer instructions.
It was only recently that SWIFT network - the global messaging network through which financial institutions send payment instructions through a system of codes - acknowledged that "it is aware of a number of recent cyber incidents in which malicious insiders or external attackers have managed to submit SWIFT messages from financial institutions' back-offices, PCs or workstations connected to their local interface to the SWIFT network".

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