Cyber Security

Hackers Steal $60 Million from Taiwanese Bank; Two Suspects Arrested

“A Taiwanese bank has become the latest to fall victim to hackers siphoning off millions of dollars by targeting the backbone of the world financial system, SWIFT.
SWIFT, or Society for Worldwide Interbank Telecommunication, is a global financial messaging system that thousands of banks and commercial organizations across the world use to transfer billions of dollars every day.
Hackers reportedly last week managed to steal almost $60 Million from Far Eastern International Bank in Taiwan by planting malware on the bank’s servers and through the SWIFT interbank banking system.”

Source: Hackers Steal $60 Million from Taiwanese Bank; Two Suspects Arrested

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OODA Analyst

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