1 MONGOLIA LAUNCHES HAZARDOUS CHEMICALS ELIMINATION PROJECT WITH UNDP & GEF WWW.NEWS.FUNDSFORNGOS.ORG PUBLISHED:2026/04/14      2 ALTHOUGH MONGOLIANS MAY OUTWARDLY RESEMBLE ASIANS, THEY ARE NOT ACTUALLY SUCH WWW.OPEN.KG PUBLISHED:2026/04/14      3 FRANCE DONATES HIGH-ANGLE, WATER RESCUE EQUIPMENT WWW.MONTSAME.MN PUBLISHED:2026/04/13      4 LUXEMBOURG-BACKED PROJECT ADVANCES TO NATIONAL CARDIOVASCULAR CENTER STAGE WWW.MONTSAME.MN PUBLISHED:2026/04/13      5 SMTRACK EXPANDS INTO MONGOLIA'S EVENTS MARKET WWW.KLSESCREENER.COM PUBLISHED:2026/04/13      6 MONGOLIA EXPORTS SURGE 62.3% IN FIRST QUARTER COMPARED TO LAST YEAR WWW.AZERTAG.AZ PUBLISHED:2026/04/13      7 IMPROVED ROAD DESIGN IN MONGOLIA HALVES PREDICTED FATAL AND SERIOUS INJURIES WWW.IRAP.ORG PUBLISHED:2026/04/13      8 PRIME MINISTER N.UCHRAL PRIORITIZES EDUCATION REFORM IN FIRST POLICY ADDRESS WWW.GOGO.MN PUBLISHED:2026/04/13      9 MONGOLIA RECEIVED 74 POINTS FOR INTERNET FREEDOM, WHILE RUSSIA RECEIVED ONLY 4 POINTS WWW.OPEN.KG PUBLISHED:2026/04/13      10 BRITISH-MONGOLIAN COOPERATION IN THE FIELD OF EDUCATION IS OUR PRIORITY, - AMBASSADOR WWW.OPEN.KG PUBLISHED:2026/04/13      COP17-ИЙН САНХҮҮЖИЛТ, ХУДАЛДАН АВАЛТАД ГҮЙЦЭТГЭЛИЙН АУДИТ ОРУУЛАХ ХҮСЭЛТ ГАРГАЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/04/14     НИЙТ ЗЭЭЛИЙН ҮЛДЭГДЭЛ 45.3 ИХ НАЯД ТӨГРӨГТ ХҮРЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/04/14     "ТА БҮХЭН ЦАХИМ СҮЛЖЭЭГЭЭР МАНАЙ УЛСЫН НЭР ХҮНДЭД ХАЛДАЖ БАЙНА" ГЭЖ НАДАД 2-3 УДАА ХАТУУ ХЭЛСЭН WWW.GOGO.MN НИЙТЭЛСЭН:2026/04/13     Л.ЭНХ-АМГАЛАН: ЭХ ХЭЛЭЭРЭЭ УНШИЖ, ОЙЛГОХ ЧАДВАРЫГ АНГЛИ ХЭЛНЭЭС Ч НЭН ТЭРГҮҮНД ТАВИХ ЁСТОЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/04/13     МОНГОЛЫН ЭДИЙН ЗАСГИЙН ТӨЛӨВТ НӨЛӨӨЛӨХ ЭРСДЭЛ НЭМЭГДЭЖ БУЙГ АНХААРУУЛАВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/04/13     "ХАРИУЦЛАГАТАЙ УУЛ УУРХАЙГ ДЭМЖСЭН ОРОН НУТАГТ АШИГТ МАЛТМАЛЫН ХУВЬ ОЛГОНО" WWW.NEWS.MN НИЙТЭЛСЭН:2026/04/13     ТӨРИЙН БАЙГУУЛЛАГУУДЫГ АЖЛЫН 4 ХОНОГТ ШИЛЖҮҮЛНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/04/13     Л.БАТТӨР: АРХИНЫ ХОРДЛОГООР ЖИЛД 1000, САРД 80 ХҮН НАС БАРДАГ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/04/13     ҮСХ: ТЭЭВРИЙН САЛБАРЫН ҮЙЛДВЭРЛЭГЧИЙН ҮНЭ ӨМНӨХ ОНООС 5.2 ХУВИАР ӨСӨВ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/04/13     АУДИТ: ХӨГЖЛИЙН БАНК СӨРӨГ ДҮГНЭЛТ АВЧ, ГАДНЫН ЗАХ ЗЭЭЛЭЭС 500 САЯ ДОЛЛАРЫН БОНД БОСГОСОН Ч ЗЭЭЛ ОЛГООГҮЙ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/04/13    
Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

SWIFT discloses more cyber thefts, pressures banks on security www.reuters.com

SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its member banks as it pressured them to comply with security procedures instituted after February's high-profile $81 million heist at Bangladesh Bank.

In a private letter to clients, SWIFT said that new cyber-theft attempts - some of them successful - have surfaced since June, when it last updated customers on a string of attacks discovered after the attack on the Bangladesh central bank.

"Customers’ environments have been compromised, and subsequent attempts (were) made to send fraudulent payment instructions," according to a copy of the letter reviewed by Reuters. "The threat is persistent, adaptive and sophisticated - and it is here to stay."

The disclosure suggests that cyber thieves may have ramped up their efforts following the Bangladesh Bank heist, and that they specifically targeted banks with lax security procedures for SWIFT-enabled transfers.

The Brussels-based firm, a member-owned cooperative, indicated in Tuesday's letter that some victims in the new attacks lost money, but did not say how much was taken or how many of the attempted hacks succeeded. It did not identify specific victims, but said the banks varied in size and geography and used different methods for accessing SWIFT.

A SWIFT spokeswoman declined to elaborate on the recently uncovered incidents or the security issues detailed in the letter, saying the firm does not discuss affairs of specific customers.

All the victims shared one thing in common: Weaknesses in local security that attackers exploited to compromise local networks and send fraudulent messages requesting money transfers, according to the letter.

Accounts of the attack on Bangladesh Bank suggest that weak security procedures there made it easier to hack into computers used to send SWIFT messages requesting large money transfers. The bank lacked a firewall and used second-hand, $10 electronic switches to network those computers, according to the Bangladesh police.

SWIFT has repeatedly pushed banks to implement new security measures rolled out after the Bangladesh heist, including stronger systems for authenticating users and updates to its software for sending and receiving messages. But it has been difficult for SWIFT to force banks to comply because the nonprofit cooperative lacks regulatory authority over its members.

SWIFT told banks Tuesday that it might report them to regulators and banking partners if they failed to meet a November 19 deadline for installing the latest version of its software, which includes new security features designed to thwart the type of attacks described in its letter.

The security features include technology for verifying credentials of people accessing a bank's SWIFT system; stronger rules for password management; and better tools for identifying attempts to hack the software.

(For a graphic on how hackers made off with millions, clicktmsnrt.rs/29WrMai)

SWIFT is trying coerce members into prioritizing cyber-security by threatening to share confidential information about security lapses that banks want to keep private, said Shane Shook, an independent security consultant who advises central banks.

"That type of information sharing is something that no bank likes to see happen without their direct approval and involvement, because it can affect market confidence," Shook said.

SWIFT disclosed the new hacks after reports of previous incidents prompted regulators in Europe and the United States to urge banks to bolster cyber-security.

Other cases involving fraudulent transfer requests include the theft of more than $12 million from Ecuador's Banco del Austro and a failed attempt later in 2015 to steal money from Vietnam's Tien Phong Bank.

The attacks have prompted regulators globally to press banks to bolster defenses.

The Bank of England in April ordered UK firms to detail actions to secure computers connected to the SWIFT system, while the European Banking Authority in May said domestic authorities should stress test banks for cyber risks.

The Federal Reserve and other U.S. agencies told banks in June to review protections against fraudulent money transfers.

Six U.S. senators on Monday urged the G20 nations to agree when they meet at a summit this weekend on a “coordinated strategy to combat cyber-crime at critical financial institutions.”

(Reporting by Jim Finkle in Boston. Additional reporting by Jonathan Spicer in New York.; Editing by Brian Thevenot.)

 
 
 


Published Date:2016-08-31