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As if thefts never occur in legacy banking. Here's a SWIFT network hack that successfully stole $81 million from the central bank of Bangladesh: https://en.wik
by DennisP 5y ago
As if thefts never occur in legacy banking. Here's a SWIFT network hack that successfully stole $81 million from the central bank of Bangladesh:
https://en.wikipedia.org/wiki/Bangladesh_Bank_robbery https://en.wikipedia.org/wiki/Bangladesh_Bank_robbery
At a lower level, mortgage wire fraud is a serious problem in real estate closings, and once it happens it's very difficult to get your money back:
https://www.rocketmortgage.com/learn/mortgage-wire-fraud https://www.rocketmortgage.com/learn/mortgage-wire-fraud
- tyingq 5y ago81 million out of ~950 million attempted, then 18 of the 81 later recovered. So it was originally about the same scale as this one.