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SWIFT Refuses to Take Blame for $81 Million Cyber Heist

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SWIFT Refuses to Take Blame for $81 Million Cyber Heist

Introduction

This article was posted on Tuesday, 19:25, UTC.

 Inter-banking system SWIFT has released a statement that firmly denies any responsibility in the $81 million cyber heist that saw the Bangladesh Central Bank lose its funds from its NY Federal Reserve account. The statement is in response to allegations from the Bangladesh Police Department that SWIFT is partly to blame for the cyber heist. SWIFT has issued a response to comments wherein law enforcement authorities in Bangladesh asserted that SWIFT technicians had introduced security vulnerabilities into the banks’ network. The introduction of security holes, Bangladeshi police assert, occurred when technicians were trying to connect SWFT to Bangladesh’s real-time gross…

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Samburaj Das

Samburaj Das

Samburaj is the contributing editor at Hacked and keeps tabs on science, technology and cyber security.

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