DataBreaches.Net

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

Now It’s Three: Ecuador Bank Hacked via Swift

Posted on May 21, 2016 by Dissent
If you’d worry more about the health of your industry and all the consumers your industry serves instead of worrying just about your reputation and fallout, we might not be dealing with as many breaches. Share information, people!
Devlin Barrett and Katy Burne report:

A little-noticed lawsuit details a hacking attack similar to one that stole $81 million from Bangladesh’s central bank, saying cybercriminals stole about $9 million last year from a bank in Ecuador. The case suggests global bankers haven’t been sharing critical information to prevent such heists.

[…]

A third attack, from December 2015 at a commercial bank in Vietnam, was detailed last week by the Society for Worldwide Interbank Financial Telecommunication, or Swift. That bank detected the fraudulent requests and stopped the movement of funds, the central bank in Vietnam said.

In the January 2015 Ecuador hack, as with the Bangladesh case, hackers managed to get the bank’s codes for using Swift, the global bank messaging service, to procure funds from another bank, according to court papers.

Read more on WSJ.


Related:

  • PowerSchool commits to strengthened breach measures following engagement with the Privacy Commissioner of Canada
  • Hungarian police arrest suspect in cyberattacks on independent media
  • British institutions to be banned from paying ransoms to Russian hackers
  • Data breach feared after cyberattack on AMEOS hospitals in Germany
  • Inquiry launched after identities of SAS soldiers leaked in fresh data breach
  • Michigan ‘ATM jackpotting’: Florida men allegedly forced machines to dispense $107K
Category: Financial SectorNon-U.S.

Post navigation

← KS: Barton County Treasurer’s Office falls for email scam
Suspect arrested over using phishing sites to scam users of internet →

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

  • Scattered Spider Hijacks VMware ESXi to Deploy Ransomware on Critical U.S. Infrastructure
  • Hacker group “Silent Crow” claims responsibility for cyberattack on Russia’s Aeroflot
  • AIIMS ORBO Portal Vulnerability Exposing Sensitive Organ Donor Data Discovered by Researcher
  • Two Data Breaches in Three Years: McKenzie Health
  • Scattered Spider is running a VMware ESXi hacking spree
  • BreachForums — the one that went offline in April — reappears with a new founder/owner
  • Fans React After NASCAR Confirms Ransomware Breach
  • Allianz Life says ‘majority’ of customers’ personal data stolen in cyberattack (1)
  • Infinite Services notifying employees and patients of limited ransomware attack
  • The safe place for women to talk wasn’t so safe: hackers leak 13,000 user photos and IDs from the Tea app

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

  • Congress tries to outlaw AI that jacks up prices based on what it knows about you
  • Microsoft’s controversial Recall feature is now blocked by Brave and AdGuard
  • Trump Administration Issues AI Action Plan and Series of AI Executive Orders
  • Indonesia asked to reassess data privacy terms in new U.S. trade deal
  • Meta Denies Tracking Menstrual Data in Flo Health Privacy Trial
  • Wikipedia seeks to shield contributors from UK law targeting online anonymity
  • British government reportedlu set to back down on secret iCloud backdoor after US pressure

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.