3 ms·

Did I read it correctly that the malware had the name of the printer embedded in it? The sentence 'The PCL language used specifies the printer model, which is "

• dogma1138 10y ago
  No it only shows they've done their homework. Allot of the "security" of banking processes is based on human verification often via phone, fax, printing etc. so it's not surprising that they've compromised the printing process because that would flag the transactions immediately as the process mandates for the printout to be reviewed (and usually singed, and then filed with compliance). If you can present an all clear signal to the bank staff at all the immediate human readable interfaces no one would notice, at best the fraudulent transactions would be detected 30+ days down the line when the banks perform account consolidation. This is a good post about how money moves around between banks https://gendal.me/2013/11/24/a-simple-explanation-of-how-money-moves-around-the-banking-system/ https://gendal.me/2013/11/24/a-simple-explanation-of-how-mon... it doesn't go into payment/messaging systems (i.e. SWIFT) too much which is a good thing but it does explains how bank handle and settle transfers. SWIFT is a glorified messaging service for banks, that's how it started, today allot of "out of the box" applications have been developed on it but in it's core SWIFT is just a trusted network that enabled it's members to securely transfer messages between each other, these messages often end up being used to facilitate transactions but they aren't what actually moves money around.