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Second bank cyber-attack detected by Swift after Bangladesh raid

Reading Time: < 1 minute  |  Published: May 16, 2016 in Industry News

A cyber-attack, similar to one that saw $81m (£56m) stolen from Bangladesh’s central bank, has hit a second bank.

The warning about the second attack came from Swift, which oversees the financial messaging network that underpins global money transfers.

Swift said the target was a commercial bank but did not name the organisation or reveal if any cash had been taken.

The attack used techniques and tools resembling those used to steal cash from Bangladesh in February, it said.

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