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Attackers Abused Indian Bank's SWIFT System to Try to Steal $2M
By David Bisson on Mon, 02/19/2018
Digital attackers abused the SWIFT system of an Indian bank in an attempt to make off with approximately $2 million in stolen funds. On 18 February, City Union Bank disclosed the attempted heist in a statement (PDF):
During our reconciliation process on 7th February 2018, it was found that 3 fraudulent transactions were initiated by the cyber...