Threat Level: green Handler on Duty: Didier Stevens

SANS ISC: SWIFT frauds SANS ISC InfoSec Forums

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SWIFT frauds
Recently many bank frauds involving SWIFT SYSTEM HAS COME TO LIGHT. HOW it can be prevented RAJASEKHARAN

4 Posts
Yes, I have heard about this too. But don't have better idea how to prevent this. RafealHenco

12 Posts
I have read that the SWIFT fraud in the Bangladesh bank was partially because the bank was relying on a very cheap router to connect to SWIFT.

'Bangladesh's central bank was vulnerable to hackers because it did not have a firewall and used second-hand, $10 switches to network computers connected to the SWIFT global payment network, an investigator into one of the world's biggest cyber heists said.

The shortcomings made it easier for hackers to break into the Bangladesh Bank system earlier this year and attempt to siphon off nearly $1 billion using the bank's SWIFT credentials, said Mohammad Shah Alam, head of the Forensic Training Institute of the Bangladesh police's criminal investigation department.'

More at http://www.reuters.com/article/us-usa-fed-bangladesh-idUSKCN0XI1UO
Circadian

7 Posts

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