Ecuador Bank Hacked — $12 Million Stolen in 3rd Attack on SWIFT System

Bangladesh is not the only bank that had become victim to the cyber heist. In fact, it appears to be just a part of the widespread cyber attack on global banking and financial sector by hackers who target the backbone of the world financial system, SWIFT. Yes, the global banking messaging system that thousands of banks and companies around the world use to transfer Billions of dollars in transfers