Shortly after hackers snatched $81 million from the Bangladesh Bank in an attempted $951 million cyber heist back in February, an unnamed Ukrainian bank has now fallen victim to a similar vulnerability, the KyivPost reports. The thieves exploited a flaw in the SWIFT network responsible for overseeing transactions between financial institutions worldwide. The exact amount of money stolen hasn’t been revealed, but the sum is reportedly around the $10 million mark. However, the total damages from this vulnerability might be much more substantial as it is likely other banks in the Ukrainian financial ecosystem have been compromised too. According to ISACA, the information security company…

This story continues at The Next Web
Source: The Next Web


Please enter your comment!
Please enter your name here