Security News > 2017 > January > SWIFT systems of three Indian banks compromised to create fake trade documents (Help Net Security)

Since last year’s revelation that attackers have compromised SWIFT software of Bangladesh’s central bank and used it to perform fraudulent transfers worth tens of millions, news about similar attacks – both successful and not – have become a regular occurrence. Attackers usually use banks’ compromised SWIFT system to send information about fraudulent financial transactions, but in attacks aimed at three government-owned banks in India, they chose to create fake trade documents such as letters of … More →

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