• Bangladeshi probe panel's chief says SWIFT responsible for cyber theft

    Bangladeshi probe panel's chief says SWIFT responsible for cyber theft
    A Bangladesh government-appointed panel investigating the theft of $81 million from the country's central bank has found that SWIFT, the international banking payments network, committed a number of mistakes in connecting up a local network, the panel head said on Sunday. "We have shown that SWIFT made a number of errors that made it easy for the hackers," Mohammed Farashuddin, a former governor of the Bangladeshi central bank, told reporters. "SWIFT is responsible for the heist of Bangladesh Ba
  • Vietnam bank says interrupted cyber heist using SWIFT messaging

    Vietnam bank says interrupted cyber heist using SWIFT messaging
    By My Pham, Mai Nguyen and Jim Finkle HANOI/BOSTON (Reuters) - Vietnam's Tien Phong Bank said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages, the same technique at the heart of February's massive theft from the Bangladesh central bank. It had no impact on the SWIFT system in particular and the transaction system between the bank and customers in general," the bank's statement said. On Thursday, it had said a unnamed commercial bank was targeted by

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