New Cyber Thefts: Global Banks in the Crosshairs

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Original Published by Maureen McCormick on Dec 14, 2016

Cyber criminals continue to coordinate advanced attacks on banks and financial institutions. An exclusive Reuters news alert confirms new cyber thefts and advanced hacking techniques have been uncovered and a letter from SWIFT reported, “We unfortunately continue to see cases in which some of our customers’ environments are being compromised.”

Prediction: In 2017, well orchestrated and targeted attacks on global inter-banking networks will continue to rise due to the sophistication of cyber attackers, outdated systems and new inspected security controls not expected until January 2018.

How can financial institutions combat against these well funded, targeted threats? Read on to learn more … 

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To locate a network’s SWIFT system, attackers use APT techniques, diligently discovering the network by moving laterally from host to host. Once SWIFT assets are identified, protocols and processes are revealed, monitored, and mimicked, allowing attackers to steal large amounts of money below the organization’s radar.

illusive networks Wire Transfer Guard™ protects your business, finances, and brand by stopping SWIFT attacks before they start. The solution identifies and suppresses SWIFT attacks long before SWIFT assets are breached, triggering alerts that keep you one step ahead of attackers: safe and in control. 

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*SWIFT is a trademark of S.W.I.F.T. SCRL

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About Illusive Networks
Introducing Deceptions Everywhere® Technology: Stopping Advanced Attacks. illusive networks is a cybersecurity company at the forefront of deception technology, the most effective protection against Advanced Attacks. illusive creates an alternate reality, transparently woven into your existing network. Attackers led into this reality will be instantly identified beyond all doubt, triggering a high-fidelity alert you can act upon.
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