Global Banking Network Warns of More Cyber Attacks

Post Date : April 29, 2016 | 12:34 pm

VOA News| A global financial network used by 11,000 banks to transfer billions of dollars daily has issued an urgent warning to customers to install a software upgrade after discovering “a number of recent cyber incidents.”

The warning from SWIFT, a global messaging network that sends payment instructions, comes as law enforcement officials in Bangladesh and elsewhere investigate February’s theft of $81 billion from the Bangladesh central bank.

It is the first time SWIFT has acknowledged the Bangladesh Bank cyber attack was not isolated, but one of several recent attempts to hack the company’s messaging platform.

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