Tag Archives: Swift

Swift proposes new security plan

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Swift has said it intends to beef up its security after the recent spade of cyber attacks, including the recent hack which targeted the Bangladesh national bank. The hackers used Swift to relieve the Bangladesh bank of $81m worth of funds, on top of numerous other, smaller attacks. The new… Read more »

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Swift attacks on financial institutions continue

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The Bangladesh Central Bank is not the only financial institution to have suffered a cyber attack via its use of the Swift system, it has been revealed. Swift is a financial messaging system commonly used across the world to move huge sums of money and the latest attack will send… Read more »

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