SWIFT nasty software malware cyber-heist ..
"There has been a spate of attacks against banks to subvert the SWIFT system in the past"
Except they didn't subvert the SWIFT system, they subverted the underlying Windows computer. The malware delivered in word documents as email attachments that suppressed SWIFT alerts sent to the printer from the Oracle database. Specifically by disabling a running Windows process by overwriting two bytes in memory.
"thanks to security mechanism introduced between banks – all but $500,000 has now been recovered."
I would suspect successful recovery had more to do with competent auditing processes than anything to do with security mechanisms. What they mean is we didn't notice the withdrawal until notified about it by some third party. For any would be fraudsters out-there, never use your own personal bank account to facilitate an online cyber-heist :)
ref: bank,computers, credentials, cyber-heist, cyber-robbery, electronic, hackers, heist, malware, mechanism, money, network, north korean, security, servers, software, SWIFT, terminal, transactions ..
Biting the hand that feeds IT
