Financial Industries Pressured To Improve Cybersecurity Practices – ValueWalk Premium
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Financial Industries Pressured To Improve Cybersecurity Practices

Financial Industries Pressured To Improve Cybersecurity Practices by Kayla Matthews

No, it’s not the plot of “Ocean’s Eleven.” This February, $81 million was stolen by hackers from Bangladesh’s central bank. The money was then moved to casinos in the Philippines, and because casinos there are not included in anti-money laundering laws, from there its location is unknown.

The Society for Interbank Financial Telecommunications (SWIFT), an international money transfer network used by thousands of banks, issues credentials . . .


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