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Tag Archives: a member-owned cooperative

SWIFT discloses more cyber thefts

SWIFT, the global financial messaging system, has disclosed new hacking attacks on its member banks as it pressured them to comply with security procedures instituted after February’s high-profile $81 million heist at Bangladesh Bank. In a private letter to clients, SWIFT said that new cyber-theft attempts – some of them successful – have surfaced since June, when it last updated ...

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