SWIFT says second bank hit by malware attack

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2016-05-12T232529Z_1_LYNXNPEC4B1TD_RTROPTP_2_USA-FED-BANGLADESH

https://www.yahoo.com/news/swift-says-second-bank-hit-malware-attack-232529443–business.html

SWIFT, the global financial messaging network that banks use to move billions of dollars every day, warned on Thursday of a second malware attack similar to the one that led to February’s $81 million cyberheist at the Bangladesh central bank.

The second case targeted a commercial bank, SWIFT spokeswoman Natasha de Teran said, without naming it.

SWIFT said in a statement that the attackers exhibited a “deep and sophisticated knowledge of specific operational controls” at targeted banks and may have been aided by “malicious insiders or cyber attacks, or a combination of both.”

The organisation, a Belgian co-operative owned by member banks, said that forensic experts believe the second case showed that the Bangladesh heist “was not a single occurrence, but part of a wider and highly adaptive campaign targeting banks.”

News of a second case comes as law enforcement authorities in Bangladesh and elsewhere investigate the February cyber…

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