Banking service SWIFT adds new security plan following hacks

Blog sponsored by Engadget.com 27.5.2016 Comments Off on Banking service SWIFT adds new security plan following hacks

Banks use a service to send secure messages built by the Society for Worldwide Interbank Financial Telecommunications (SWIFT) to send financial transaction instructions. But recently it hasn’t been so secure: Hackers stole $12 million from Ecuador ba…

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