Much has been reported and discussed about the bank heists that affected Bangladesh, Vietnam, and Ecuador. All three cases involved the Society for Worldwide Interbank Financial Transfers (SWIFT), a system used by financial/banking institutions worldwide for communicating financial messages or instructions, and has more than 10,000 customers from the financial sector: banks, brokerage institutions, foreign exchanges, and investment firms, among others. These high-profile attacks pose the question of how the attackers could gain foothold and authorization to do the transaction or payment order? What tools were used? And what security controls have to be in place that can detect these suspicious activities?
Post from: Trendlabs Security Intelligence Blog – by Trend Micro
High-Profile Cyber Theft Against Banks Targeted SWIFT Systems