Ron Burgundy Posted May 20, 2016 Share Posted May 20, 2016 By Tom Bergin LONDON (Reuters) - International financial messaging service SWIFT told clients on Friday to share information on attacks on the system to help prevent hackings, after criminals used SWIFT messages to steal $81 million from the Bangladesh central bank. Earlier on Friday Reuters reported that Wells Fargo, Ecuador’s Banco del Austro and Citibank, whose Managing Director, Franchise Risk & Strategy, Yawar Shah, is SWIFT's Chairman, did not inform SWIFT of an attack last year in which over $12 million was stolen from BDA. The network is considered the backbone of international finance but faith in its security has been rocked by the theft from Bank Bangladesh’s account at the Federal Reserve Bank of New York. View the full article Quote Link to comment Share on other sites More sharing options...
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