Tag: cyber heist

Anatomy of a cyber heist and whether SWIFT makes us lazy

Written by Reuters on May 20, 2016 in Features with 0 Comments

LONDON/CHICAGO (Reuters) – Shortly after 7 p.m. on January 12, 2015, a message from a secure computer terminal at Banco del Austro (BDA) in Ecuador instructed San Francisco-based Wells Fargo to transfer money to bank accounts in Hong Kong. Wells Fargo complied. Over 10 days, Wells approved a total of at least 12 transfers of […]