Another SWIFT Attack Speeds Worry About Response — and Responsibility

2016-06-06 IBM

https://securityintelligence.com/news/another-swift-attack-speeds-worry-about-response-and-responsibility/

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IBM's preserved article discusses reported SWIFT fraud cases involving Banco del Austro, Bangladesh Bank, Vietnam, and other banks, then notes public reporting that pointed to possible North Korean involvement. The source says SC Magazine reported evidence suggesting Lazarus was likely responsible for the Bangladesh Bank attack and possibly other high-value SWIFT breaches, while CNN reported a U.S. federal probe into North Korean involvement. It also stresses that SWIFT said its network was not compromised and that banks needed stronger local defenses, fraud monitoring, and direct reporting of SWIFT-related incidents. The supported finding is a cautious attribution and response debate around SWIFT-enabled bank theft, not a definitive malware or IOC analysis.

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