Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 15 submissions in the queue.

Submission Preview

Link to Story

Bangladesh Central Bank Exposed to Hackers by Cheap Switches, No Firewall

Accepted submission by n1 at 2016-04-21 23:33:09
Techonomics

Reuters reports: [reuters.com]

Bangladesh's central bank was vulnerable to hackers because it did not have a firewall and used second-hand, $10 switches to network computers connected to the SWIFT global payment network, an investigator into one of the world's biggest cyber heists said.

The shortcomings made it easier for hackers to break into the system earlier this year and attempt to siphon off nearly $1 billion using the bank's SWIFT credentials, said Mohammad Shah Alam, head of the Forensic Training Institute of the Bangladesh police's criminal investigation department.

"It could be difficult to hack if there was a firewall," Alam said in an interview.


Original Submission