Reports of additional attacks against banks that use SWIFT, the global financial transaction messaging network, came to light Wednesday. The attacks were reportedly persistent, sophisticated and in some cases successful, impacting an undisclosed number of financial institutions. It’s the latest development since February when cybercriminals used SWIFT to steal $81 million in a Bangladesh Bank...

The SWIFT banking network on Friday updated financial institutions worldwide of new security resources it has developed in the wake of massive fraud. Officials also reminded banks of their role in securing their respective infrastructures. Banks in Bangladesh, Vietnam and Ecuador have been infiltrated by attackers who stole credentials for the SWIFT system to move...

Bangladeshi police this week alleged that technicians associated with the financial network SWIFT introduced vulnerabilities that made it easier for hackers to infiltrate the systems of Bangladesh Bank and carry out a massive heist. Earlier this year hackers used stolen credentials to inject malware into the bank’s SWIFT, or the Society for Worldwide Interbank Financial Telecommunication,...

Hackers behind the $81 million heist in February at Bangladesh Bank used stolen credentials to inject a malware toolkit into the financial institution’s implementation of the SWIFT payment system. The attackers used the access afforded by the credentials to send fraudulent money transfers to accounts in the Philippines and the malware was used to electronically cover the...