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Third SWIFT Attack Transfers $12 million to Hong Kong, Dubai and U.S.

Discussion in 'SecurityWeek' started by RSS, Jun 1, 2016.

  1. RSS

    RSS New Member Member

    The third known and second successful attack against banks using the SWIFT money transfer network impacted an Ecuadorian bank between January 12 and January 22, 2015. During this period at least 12 fraudulent transfer requests instructed San Francisco-based Wells Fargo to send $12 million belonging to Ecuador's Banco del Austro (BDA) to accounts in Hong Kong, Dubai and the US. Wells Fargo complied.

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