SWIFT Says Hackers Still Targeting Bank Messaging System (reuters.com)

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. From the report: "Attempts continue," said Stephen Gilderdale, head of SWIFT's Customer Security Programme, in a phone interview. "That is what we expected. We didn't expect the adversaries to suddenly disappear." SWIFT spokeswoman Natasha de Teran told Reuters that the attackers had attempted to hack into computers that banks use to access the organization's proprietary network, then create fraudulent messages to send over the SWIFT system. "We have no indication that our network and core messaging services have been compromised," she said. The disclosure underscores that banks remain at risk of cyber attacks targeting computers used to access SWIFT almost two years after the February 2016 theft from a Bangladesh Bank account at the Federal Reserve Bank of New York.

Comments

And?

[Gravis Zero]

It's not like banks aren't being adequately compensated for their services. If they won't fund the creation of a bulletproof banking network that can withstand close scrutiny then they really only have themselves to blame.