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Swift warns of several cyber fraud incidents

Global financial network releases security update to software that banks use to access its network to thwart malware that was probably used in Bangladesh Bank heist

Monday's statement from Swift marks the first acknowledgement that the Bangladesh Bank attack was one of several recent criminal schemes that aimed to take advantage of the global messaging platform used by some 11,000 financial institutions.


SWIFT, the global financial network that banks use to transfer billions of dollars every day, warned its customers on Monday that it was aware of "a number of recent cyber incidents" where attackers had sent fraudulent messages over its system.

The disclosure came as law...

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