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After heists, bank transaction service adds new security feature

21
Sep
2016
After heists, bank transaction service adds new security feature

report-swift-hacked-by-bangladesh-bank-attackers-s

The Society for Worldwide Interbank Financial Telecommunication (SWIFT), the banking transactions messaging service that hackers used to steal more than $80 million from the central bank of Bangladesh, is adding a new fraud protection system.

Starting in December, the network will send its member banks summaries of their communications, with a separate summary flagging suspicious transactions.

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