DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

SWIFT warns customers of multiple cyber fraud cases, issues software security update

Posted on April 26, 2016 by Dissent

Jim Finkle reports:

SWIFT, the global financial network that banks use to transfer billions of dollars every day, warned its customers on Monday that it was aware of “a number of recent cyber incidents” where attackers had sent fraudulent messages over its system.

The disclosure came as law enforcement authorities in Bangladesh and elsewhere investigated the February cyber theft of $81 million from the Bangladesh central bank account at the New York Federal Reserve Bank. SWIFT has acknowledged that the scheme involved altering SWIFT software on Bangladesh Bank’s computers to hide evidence of fraudulent transfers.

Read more on Reuters. Finkle also reports that SWIFT  released a security update to the software yesterday.


Related:

  • Protect Good Faith Security Research Globally in Proposed UN Cybercrime Treaty
  • IRS’s Top 10 Identity Theft Prosecutions
  • Justice Department Announces Five Cases as Part of Recently Launched Disruptive Technology Strike Force
  • 74 Arrested in Coordinated International Enforcement Operation Targeting Hundreds of Individuals in Business Email Compromise Schemes
  • AlphaBay and Hansa taken down in coordinated operations by FBI and Dutch National Police
Category: Commentaries and AnalysesFinancial SectorOf Note

Post navigation

← Presidential campaign apps expose personal data, report says
INAI urges Mexican Senate to pass legislation to help protect personal information →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • Russian Ransomware Administrator Pleads Guilty to Wire Fraud Conspiracy
  • LeakBase seized, arrests made as part of global action
  • Coruna: The Mysterious Journey of a Powerful iOS Exploit Kit
  • 1,700 Dutch police officers get reminder not to access files without legitimate purpose
  • Israeli spies ‘hacked every traffic camera in Tehran to plot killing of Iran’s Ayatollah Ali Khamenei’
  • Congress finds data brokers cost consumers tens of billions of dollars
  • Evoke Wellness at Hilliard updates its breach notification
  • Data from Insight Hospital and Medical Center Leaked on Dark Web
  • Wisconsin k-12 district hit by weeklong outage
  • Project Compass: first operational results against The Com network

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • Allstate must face privacy lawsuit over cellphone tracking of drivers
  • Spain fines FC Barcelona €500,000 for failing biometric data protection assessment
  • Polish doctors jailed for denying woman abortion
  • France’s Highest Administrative Court Upholds CNIL’s Standard On Anonymization
  • Dutch police reminded not to snoop in files without legitimate purpose

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: Dissent.73

Contact Me

Email: info[at]databreaches.net
Security Issue: security[at]databreaches.net
Mastodon: Infosec.Exchange/@PogoWasRight
Signal: Dissent.73
DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.