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Exclusive: Swift To Advise Banks On Security As Bangladesh Hack Details Emerge


Ron Burgundy
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Commuters pass by the front of the Bangladesh central bank building in DhakaThe SWIFT messaging system plans to ask banks to make sure they are following recommended security practices following an unprecedented cyber attack on Bangladesh's central bank that yielded $81 million, a spokeswoman for the group told Reuters on Sunday. Brussels-based SWIFT, a cooperative owned by some 3,000 global financial institutions, will issue a written advisory on Monday asking banks to review internal security, the spokeswoman said. SWIFT staff will also begin calling banks to highlight the importance of reviewing security measures after the attack in Bangladesh, she added.




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