AÂ SymantecÂ analysis has found that malware used by hackers to steal money from Bangladesh’s central bank via theÂ Society for Worldwide Interbank Financial Telecommunication systemÂ is similar to malwareÂ thatÂ affected a Philippine bank in October, Reuters reported Friday.
Dustin Volz writesÂ the security company also linked theÂ Bangladesh BankÂ heist to an attempted SWIFT wire fraudÂ on a Vietnam-based commercial bank and a 2014 attack at U.S.-basedÂ Sony Entertainment.
Financial institutions worldwide use the platform to send and receiveÂ payment instructions.
The report said government agencies around the world are investigatingÂ the SWIFT network’ security system after cyber criminalsÂ fraudulently transferredÂ about $81 million out of Bangladesh Bank to New York’s Federal Reserve Bank usingÂ the messaging network.
The report saidÂ SWIFT called on financial services companies to implement measures to strengthenÂ the cybersecurity of their systems.