A Vietnamese bank has foiled an attempted cyber heist that involved the use of fraudulent messages, the same technique at the heart of February’s theft from theBangladesh central bank.
Hanoi-based Tien Phong Bank said on Sunday that in the fourth quarter of last year it identified suspicious requests through fraudulent messages on the global interbank messaging system Swift to transfer more than $1m.
TPBank said it caught the attempt quickly enough to halt movement of funds to criminals by immediately contacting involved parties.
The attack “did not cause any losses. It had no impact on the Swift system in particular and the transaction system between the bank and customers in general,” the bank’s statement said.
Original Source: The Guardian
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