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Swift urges global banks to ‘pay close attention’ to security after hackers leak ‘NSA’ exploits

 

Swift urges global banks to ‘pay close attention’ to security after hackers leak ‘NSA’ exploits

Swift, the global banking platform used to manage money transfers between over 10,000 financial institutions, is urging its users to bulk up security amid revelations the US National Security Agency (NSA) exploited vulnerabilities in Microsoft products to spy on its clients.

Last week, a hacking group known as the Shadow Brokers published a batch of explosive documents alleging the NSA accessed the Swift network by compromising third party services in the Middle East and Latin America. The group previously released files exposing alleged NSA “cyberweapons”.

“Customers should pay close attention their own security and take security into consideration when selecting a service bureau and working with other third party providers,” the Brussels-based organisation said in a lengthy statement on 17 April (Monday).

 

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