Wednesday 31 August 2016
 
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Swift

Symantec says Swift heist linked to Philippines attack, Sony hack

Hackers who stole $81 million from Bangladesh's central bank have been linked to an attack on a bank in the Philippines, in addition to the 2014 hack on Sony Pictures, cybersecurity company Symantec Corp said in a blog post on Thursday.

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Swift to unveil new security plan after hackers' heists

The Swift secure messaging service that underpins international banking said it plans to launch a new security programme as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist. The Society for Worldwide In

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Cyber thieves exploit banks' faith in SWIFT

Shortly after 7 pm on January 12, 2015, a message from a secure computer terminal at Banco del Austro (BDA) in Ecuador instructed San Francisco-based Wells Fargo to transfer money to bank accounts in Hong Kong. Wells Fargo complie

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Swift says second bank hit by malware attack

Swift, the global financial messaging network that banks use to move billions of dollars every day, warned on Thursday of a second malware attack similar to the one that led to February's $81 million cyber heist at the Bangladesh central ban

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SWIFT says aware of multiple cyber fraud cases

SWIFT, the global financial network that banks use to transfer billions of dollars every day, has warned its customers that it was aware of "a number of recent cyber incidents" where attackers had sent fraudulent messages over its syst

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SWIFT, Accenture outline path to DST

SWIFT has announced the availability of a new paper investigating how Distributed Ledger Technologies (DLTs) could be used in financial services.  Published in collaboration with Accenture, the paper is based on an in-depth t

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Swift kicks off pilot for payments innovation initiative

Global transaction network Swift said 21 banks have started the pilot for its global payments innovatio initiative, intended to improve the customer experience in correspondent banking by increasing the speed, transparency and predictability o

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Iranian banks reconnected to Swift network

Global transaction network Swift has reconnected a number of Iranian banks to its system, allowing them to resume cross-border transactions with foreign banks after the lifting of sanctions on Tehran, a Swift official said. Irania

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Firms using big data analytics to meet regulations

Financial firms are increasingly using big data analytics to meet evolving regulatory and compliance requirements, according to a new paper from the SWIFT Institute, an independent research organisation. The paper, entitled &lsquo

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Swift bests Lamar for Grammy album of the year

Rapper Kendrick Lamar led the Grammy winners on Monday with five wins, but Taylor Swift nabbed album of the year - the night's top prize - in an upset victory. Swift took home three awards out of her seven nominations, includi

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