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When hackers took world banking for a ride
Heist raises questions about how securely money is being moved around world
Add BT as a preferred sourcePublished Sun, May 1, 2016 · 09:50 PM
New York
TENS of millions of dollars siphoned from the Federal Reserve Bank of New York. A shadowy set of casinos in the Philippines. A large bank in Bangladesh with creaky technology. An unknown - and perhaps uncatchable - group of anonymous thieves with sophisticated hacking skills.
What unites this curious cast of characters and enabled one of the most brazen digital bank heists ever is a ubiquitous and highly trusted international bank messaging system called Swift.
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