Swift discloses more cyber thefts, pressures banks on security

Boston

SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its member banks as it pressured them to comply with security procedures instituted after February's high-profile US$81 million heist at Bangladesh Bank.

In a letter to clients, Swift said that new cyber-theft attempts - some of them successful - have surfaced since June, when it last updated customers on a string of attacks discovered after the attack on the Bangladesh central bank.