Bangladesh bank raiders manipulated Swift software.

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Bibliographic Details
Title: Bangladesh bank raiders manipulated Swift software.
Source: Computer Fraud & Security. May2016, Vol. 2016 Issue 5, p3-3. 1p.
Subjects: Banking industry, Swift (Computer program language), Computer hackers, Financial institutions, Transaction systems (Computer systems), Society for Worldwide Interbank Financial Telecommunication
Geographic Terms: Bangladesh
Abstract: Hackers who stole $81m from the Bangladesh central bank were able to manipulate the Swift system to partly cover their tracks. This has led to calls for an overhaul of Swift (the Society for Worldwide Interbank Financial Telecommunication), a cooperative owned by 3,000 financial institutions that is responsible for handling international banking transactions. [ABSTRACT FROM AUTHOR]
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Database: Engineering Source
Description
Abstract:Hackers who stole $81m from the Bangladesh central bank were able to manipulate the Swift system to partly cover their tracks. This has led to calls for an overhaul of Swift (the Society for Worldwide Interbank Financial Telecommunication), a cooperative owned by 3,000 financial institutions that is responsible for handling international banking transactions. [ABSTRACT FROM AUTHOR]
ISSN:13613723
DOI:10.1016/S1361-3723(16)30042-2