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SWIFT Cybersecurity Breach Analysis by anna smith is a document available to read on EtoBox.

SWIFT is a consortium that operates a secure computer network for communication between member banks globally. In 2016, hackers used stolen credentials from Bangladesh Central Bank employees to send fraudulent money transfer requests from Bangladesh Bank to banks in Asia, transferring $101 million. The majority was withdrawn before being halted, with only $68,000 recovered. Bank hackings often involve phishing to access customer accounts and payments systems. Under normal operations, directly hacking SWIFT

Author

anna smith

Language

EN