swift
SWIFT prepares for digital currency transactions in 2025
SWIFT, the global bank messaging network, is set to trial live transactions involving tokenised assets and digital currencies next year, according to a recent report by Reuters.
SWIFT planning launch of new central bank digital currency platform in 12-24 months
The move is likely to be fine-tuned to when the first major ones are launched
Rooppur Project: Russia proposes payment in rouble
Russia has proposed a direct payment system bypassing the global standard SWIFT to settle the dues for Rooppur nuclear power plant as the Soviet nation looks to navigate the sanctions from the West following the Ukraine war.
Malaysia’s central bank foils unauthorised fund transfer attempts
Malaysia’s central bank says it detected and foiled an attempted cyber attack and efforts to transfer funds without authorisation using falsified SWIFT messages.
Russia’s Globex bank says hackers targeted its SWIFT computers
Hackers tried to steal 55 million roubles ($940,000) from Russian state bank Globex using the SWIFT international payments messaging system, the bank said on Thursday, the latest in a string of attempted cyber heists that use fraudulent wire-transfer requests.
SWIFT warns banks on cyber heists as hack sophistication grows
SWIFT, the global messaging system used to move trillions of dollars each day, warns banks that the threat of digital heists is on the rise as hackers use increasingly sophisticated tools and techniques to launch new attacks.
Could enable fraud like seen at Bangladesh Bank: Cybersecurity expert
Hackers release documents and files that cybersecurity experts indicated the US National Security Agency had accessed the SWIFT interbank messaging system, allowing it to monitor money flows among some Middle Eastern and Latin American banks.
No plans to sue Fed, SWIFT, says Bangladesh Bank
Bangladesh's central bank says it has reversed its plans to sue the Federal Reserve Bank of New York and the SWIFT money transfer network, and instead intends to seek their help recovering $81 million stolen by cyber thieves in February.
Hackers steal $10m from Ukraine bank
Hackers have stolen $10 million from an unnamed Ukrainian bank, according to an independent IT monitoring organisation.
SWIFT, others blamed in full probe of BB heist
A government-formed committee which investigated the US$101 million heist from Bangladesh central bank’s account with Federal Reserve Bank of New York submits its full report to the finance minister. It has found SWIFT and others responsible for the heist.
SWIFT to unveil new security plan after BB heist
The SWIFT secure messaging service that underpins international banking says it is planning to launch a new security programme as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist.
Cyber thieves exploit banks' faith in SWIFT transfer network
SWIFT has no rule specifically requiring client banks to report hacking thefts but says it requires customer to notify SWIFT of problems that can affect the "confidentiality, integrity, or availability of SWIFT service."
'SWIFT is responsible for Bangladesh Bank heist'
A government committee probing the Bangladesh Bank heist has held SWIFT responsible for weakening the payment system which allowed cyber thieves to steal $81 million from the central bank's account with the New York Fed.
SWIFT says second bank hit by malware attack
SWIFT, the global financial messaging network that banks use to move billions of dollars every day, warns on Thursday of a second malware attack similar to the one that led to February's $81 million cyberheist at the Bangladesh central bank.
BB heist: Banks responsible for own cyber security, says SWIFT
SWIFT told its bank customers that they are responsible for securing computers used to send messages over its global network, which was used to steal some $81 million from a Bangladesh central bank account at the New York Fed in February.
SWIFT rejects Bangladeshi claims over $81m cyber heist
SWIFT on Monday rejected allegations by officials in Bangladesh that technicians with the global messaging system made the nation's central bank more vulnerable to hacking before an $81 million cyber heist in February.
SWIFT rejects Bangladeshi claims over $81m cyber heist
SWIFT on Monday rejected allegations by officials in Bangladesh that technicians with the global messaging system made the nation's central bank more vulnerable to hacking before an $81 million cyber heist in February.
'SWIFT technicians left BB vulnerable to hackers'
Bangladesh's central bank became more vulnerable to hackers when technicians from SWIFT, the global financial network, connected a new bank transaction system to SWIFT messaging three months before a $81 million cyber heist, Bangladeshi police and a bank official allege.
BB heist: Attackers ‘hacked SWIFT software’
The attackers who stole $81 million from the Bangladesh central bank probably hacked into software from the SWIFT financial platform that is at the heart of the global financial system, say security researchers.