Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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Kerry's Peculiar Message About Iran for European Banks
– online.wsj.com
Why is Washington pushing banks like mine to do what is still illegal for American banks?New cyberattack made on bank, financial supervisor warns
– canadianbusiness.com
BRUSSELS – A new cyberattack has been made against an unnamed bank, part of a co-ordinated campaign that follows February’s theft of $101 million from the Bangladesh central bank, the international money transfer supervisor Swift said Friday.
Belgium-based Swift said Friday that attackers had used malware to target a PDF reader at a bank, which it did not name, allowing them to transfer money and tamper with bank documents.
It did not say whether any money was taken but urged clients to urgently review their security systems.
Swift said forensic experts believe the use of the malware is “not a single occurrence, but part of a wider and highly adaptive campaign targeting banks.”
It underlined that the Swift system, which connects more than 11,000 banking and securities organizations as well as other clients moving billions each year, had not been compromised by the malware.
Swift said “the attackers clearly exhibit a deep and sophisticated knowledge of specific operational controls within the targeted banks…
Belgium-based Swift said Friday that attackers had used malware to target a PDF reader at a bank, which it did not name, allowing them to transfer money and tamper with bank documents.
It did not say whether any money was taken but urged clients to urgently review their security systems.
Swift said forensic experts believe the use of the malware is “not a single occurrence, but part of a wider and highly adaptive campaign targeting banks.”
It underlined that the Swift system, which connects more than 11,000 banking and securities organizations as well as other clients moving billions each year, had not been compromised by the malware.
Swift said “the attackers clearly exhibit a deep and sophisticated knowledge of specific operational controls within the targeted banks…
