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5/18/2016
11:00 AM
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Vietnam Bank Target Of Failed Cyberattack In December

Top Vietnamese central bank official says attempt to transfer $1.36 million to Slovenian bank was an isolated incident.

Hackers tried to unsuccessfully transfer $1.36 million from a Vietnamese bank to a Slovenian bank in December, says Reuters, quoting a top official of State Bank of Vietnam (SBV). There have been no other cyber attacks on banks in Vietnam except for this one, said Le Manh Hung who is head of IT department in SBV.

The affected bank – Tien Phong Bank (TP Bank) –detected the malicious transfer bid via bogus SWIFT messages which went “through its own reconciliation system,” said Hung, adding the Interpol representative in Vietnam was informed of the incident.

The malware was found in the network of a third-party vendor which TPBank was using to connect to SWIFT. The Slovenian bank to which the money was headed has not been identified, nor have the accounts in which the transfer was to be made.

Earlier, SWIFT had said that a commercial bank had been made the target of a malware attack but had not named the organization.

For the full story, see Reuters

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RyanSepe
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RyanSepe,
User Rank: Ninja
5/23/2016 | 10:18:51 AM
The malware was found in the network of a third-party vendor
I just made a similar comment around this premise on another article. The security posture of the third party can affect the security posture of the organization based on how you interact with the third party.
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