Hackers Steal $60 Million from Taiwanese Bank
Return To ArticleSWIFT, or Society for Worldwide Interbank Telecommunication, is a global financial messaging system that thousands of banks and commercial organizations across the world use to transfer billions of dollars every day.
Hackers reportedly last week managed to steal almost $60 Million from Far Eastern International Bank in Taiwan by planting malware on the bank’s servers and through the SWIFT interbank banking system.
According to Taiwanese state-owned news agency Central News Agency, most of the stolen money has now been recovered, with only $500,000 remaining, and authorities have made two arrests in connection with the bank cyber-heist.
