The Bangladeshi central bank was left more vulnerable to cyberattack after connection to the SWIFT financial network, Reuters reports.
By Peter Sayer
Technicians from the SWIFT global financial network connecting it to Bangladesh’s central bank made it easier for hackers to attack the bank, Bangladeshi police and a bank official have told Reuters.
The technicians worked on Bangladesh’s Real-time Gross Settlement (RTGS) system, used to transfer money among Bangladeshi banks, three months before hackers attempted to steal US$951 million from the central bank. The work opened up “a lot of loopholes” in bank computer systems, said the head of the criminal investigation department leading the investigation.
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Source: http://www.csoonline.com/
