Exclusive: Bangladesh Bank hackers compromised SWIFT software, warning to be issued

"The attackers who stole $81 million from the Bangladesh central bank probably hacked into software from the SWIFT financial platform that is at the heart of the global financial system, said security researchers at British defense contractor BAE Systems. SWIFT, a cooperative owned by 3,000 financial institutions, confirmed to Reuters that it was aware of malware targeting its client software. Its spokeswoman Natasha Deteran said SWIFT would release on Monday a software update to thwart the malware, along with a special warning for financial institutions to scrutinize their security procedures."

Spotlight

The financial services landscape has experienced an unrelenting period of accelerated transformation in recent years that continues to place growing demands upon wealth and asset management firm chief financial officers (CFOs) and finance leaders. You know, for instance, that you need to operationalize your business and innovate


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Spotlight

The financial services landscape has experienced an unrelenting period of accelerated transformation in recent years that continues to place growing demands upon wealth and asset management firm chief financial officers (CFOs) and finance leaders. You know, for instance, that you need to operationalize your business and innovate

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