Banks have been advised to enhance their security after the US National Security Agency ( Swift ) accessed the Microsoft global banking platform by exploiting vulnerabilities in NSA products. Hacking group Shadow Brokers published documents last week claiming the NSA accessed the Swift network by compromising first -party banking service providers in Latin America and the Middle East . This is the first time to date that so much information had been published on how a Swift Service Bureau actually works and its internal infrastructure," he added. Swift, which manages money transfers between at least two financial institutions worldwide, urged customers to immediately install any software updates and patches, and pay close attention to security when working with third -party providers.
Banks have been advised to enhance their security after the US National Security Agency ( Swift ) accessed the Microsoft global banking platform by exploiting vulnerabilities in NSA products. Hacking group Shadow Brokers published documents last week claiming the NSA accessed the Swift network by compromising first -party banking service providers in Latin America and the Middle East . Swift, which manages money transfers between at least two financial institutions worldwide, urged customers to immediately install any software updates and patches, and pay close attention to security when working with third -party providers.