Cyber SecurityEconomic

Third SWIFT Attack Transfers $12 million to Hong Kong, Dubai and U.S.

“The third known and second successful attack against banks using the SWIFT money transfer network impacted an Ecuadorian bank between January 12 and January 22, 2015. During this period at least 12 fraudulent transfer requests instructed San Francisco-based Wells Fargo to send $12 million belonging to Ecuador’s Banco del Austro (BDA) to accounts in Hong Kong, Dubai and the US. Wells Fargo complied.”

Source: Third SWIFT Attack Transfers $12 million to Hong Kong, Dubai and U.S. | SecurityWeek.Com

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