3 ms·

Can you elaborate?

• SCHiM 10y ago
  The reason this attack became known as the swift hack is because the hackers were able to send messages over the swift network to transfer money around, however this how the system is supposed to operate, it's what the swift network does. What was hacked was the bank where the messages were sent from. https://www.bloomberg.com/news/articles/2016-05-26/swift-hack-probe-expands-to-up-to-dozen-banks-beyond-bangladesh https://www.bloomberg.com/news/articles/2016-05-26/swift-hac... If you read the article (any of the articles) the headlines always talk about the 'swift hack' however it was the _banks_ that were hacked (and the article says so), not swift.