More Banks Lose Money via SWIFT Transaction System Heists

SWIFT, the operator of the eponymous financial transaction system used to move money between banks, has announced it discovered new cyber-heists that leveraged its system to steal money from banks across the globe. The company has not disclosed the name of the banks due to its privacy agreements, but it has said the attacks are new and have taken place since June this year. This piece of information was obtained by a Reuters reporter who received a copy of a letter that SWIFT sent banks across the globe, informing them of the new attacks and urging them to boost their security measures. SWIFT-related incidents continue to mount up The first bank cyber-heist that leveraged the SWIFT system was discovered this February, when unknown crooks managed to steal