SWIFT hack affects 12 more banks

Earlier reports of a couple of banks using the SWIFT (Society for Worldwide Interbank Financial Telecommunication) system being hacked are now paired with new reports saying that additional 12 banks using the same system might have fallen victim to the attack. According to security researchers FireEye, which have been investigating the matter, "numerous" other banks have contacted them, including banks from the Philippines, and New Zealand. Even though the majority of these attacks were thwarted, approximately $81 million made it to the Philippines and ended up at casinos, where its trail is lost. At the same time, SWIFT warns that… [Continue Reading]