A recent white paper from the Carnegie Endowment for International Peace and the International Monetary Fund (IMF) endorses a global response to ongoing and worsening cyber-attacks upon financial services firms while laying out the specifics of the current worldwide situation. Spoiler alert: The current global situation is not good. To address the expected rough times… Read More >>
SWIFT Network Used for Second Cyber-Attack
Hackers in a second major attack have been able to use the SWIFT financial messaging system to break into a commercial bank, according to media reports and officials at the industry cooperative, which issued a message to customers, dated May 13. For this latest attack, SWIFT officials state that “the SWIFT network, core messaging services… Read More >>
