The bank said the transfers were made using infrastructure of an outside vendor hired to connect it to the SWIFT bank messaging system. Photo: ReutersHanoi/Boston: Vietnam’s Tien Phong Bank (TPBank) said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages, the same technique at the heart of February’s massive theft from the Bangladesh central bank. Cybersecurity firm BAE Systems said last week malware was used to target a Vietnamese commercial bank using fraudulent messages on the SWIFT network. It noted that SWIFT had recently issued a warning about malware used in schemes involving fraudulent transfers ordered over the SWIFT network. Malware installedTPBank said that the attack might have been facilitated using malware installed on a software application used by the third-party vendor.

Source: Mint May 15, 2016 11:45 UTC