Tag: Payment Network

Smaller Swift-Connected Ukrainian Bank Targeted By Hackers

People who have been following the news may have heard the Ukraine central bank has been targeted in a cyber attack. As it turns out, officials issued a hacking alert in April of 2016. Similarly to what has happened with the Bank of Bangladesh, the Ukraine central bank was targeted to move money over the Swift network. Another Bank Heist Attempt There are a few different types of hacks which …
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SWIFT Network Abused Again By Internet Criminals

For the second time in a few months, the SWIFT payment network has come under attack from hackers. To make matters even worse, a different bank was involved in the process this time, and money has been stolen this time as well. Another SWIFT Attack Targets Commercial Bank This second attack on the SWIFT payment network targeted a commercial bank this time, rather than the central bank of Bangladesh this …
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