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The title does not seem to be accurate. I don't see evidence that whole SWIFT network was compromised. Instead it looks like they compromised one company which
by jpalomaki 10y ago
The title does not seem to be accurate. I don't see evidence that whole SWIFT network was compromised. Instead it looks like they compromised one company which connects to the SWIFT network.
- nickpsecurity 10y agoThat's what it looks like. They were monitoring or getting data from SWIFT before, though. Just can't remember the details. I'd assume they can hack SWIFT, though, given SWIFT probably relies on tech they have 0-days in like most places. Just more monitoring that might catch them. Hopefully...
- jpalomaki 10y agoYes, that was happening in cooperation with SWIFT in the aftermath of 9/11: https://en.m.wikipedia.org/wiki/Terrorist_Finance_Tracking_Program https://en.m.wikipedia.org/wiki/Terrorist_Finance_Tracking_P... Back then SWIFT had two processing centers, one in EU and one in US. Traffic was replicated to both for resiliency. Later they opened up a new center in Switzerland to be able to keep European data in Europe.