Hackers continue to target the SWIFT bank messaging system, though security controls instituted after last year’s $81 million heist at Bangladesh’s central bank have helped thwart many of those attempts, a senior SWIFT official told Reuters. SWIFT, a Belgium-based co-operative owned by its user banks, has declined comment on the case, saying it does not discuss individual entities. As an example, he said that SWIFT had stopped some heists thanks to an update to its software that automatically sends alerts when hackers tamper with data on bank computers used to access the messaging network. SWIFT shares technical information about cyber attacks and other details on how hackers target banks on a private portal open to its members. SWIFT will also unveil plans to start sharing that data with outside security vendors so they can incorporate the information into their products, he said.

Source: Dhaka Tribune October 13, 2017 11:03 UTC