Bangladesh News, Articles and Updates

SWIFT framework took effect 1 January

After a bevy of cyber-heists in 2017 - one at Bangladesh Bank that raked in US$ 80 million (£59 million) for the modern day bankrobber, the SWIFT Customer Security Controls Framework went into effect 1 January, 2018.

Symantec spots malware targeting SWIFT organisations

Symantec claims to have spotted a new campaign that has attempted to exploit SWIFT customers in a very familiar way.

Swift details measures to increase security of global banking payments network

Swift is rolling out a series of new security measures to prevent another Bangladesh bank heist

SWIFT did not monitor weak security practices of its users - report

Former board members and senior employees at SWIFT, said the company did not monitor or make attempts to improve the poor security practices of its clients.

The Impact of the SWIFT Hacks

Ross Brewer discusses the impact of the Bangladesh bank cyber-attack and the growing problem of stolen credentials.

InfoSec 2016: Mikko Hypponen says SWIFT heists 'never seen before'

Mikko Hypponen undressed the recent SWIFT affiliate heists at Infosec 2016

BoE demands UK banks to step up cyber-security after Bangladesh attack

Following the attack in February on the Central Bank of Bangladesh, the Bank of England (BoE) has issued an urgent call to order all British banks to carry out a security review of any computer connected to the SWIFT network.

Vietnamese bank thwarts hack made through SWIFT messaging system

A Vietnamese bank has thwarted an attack similar to the one that befell the Bangladesh Central Bank in February and led to the loss of £56 million

The Bangladesh Job part II: the gang strikes again

According to Swift the fingerprints of those behind February's £56 million heist from the Bangladesh Central Bank have been found on another attempted heist.

Bangladesh bank investigators reportedly find three separate network intruders

The investigation into the bank heist that cost Bangladesh's central bank $81 million (£56m) has taken a byzantine turn, as a new report surfaced of multiple hacking groups infiltrating the bank's network.