Swift Says Bank Hacks Persist and Reports New Fraud Cases

  • Threats haven’t subsided since Bangladesh $81 million heist
  • Group says victims had ‘weaknesses in their local security’

Cyber-attacks that aim to fraudulently use banks’ connections to the Swift messaging system have continued over the past few months, showing that the threat hasn’t subsided after hackers used the global service in February to steal $81 million from Bangladesh’s central bank.

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