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6/7/16

Cyber Warning Issued to U.S. Banks


http://youtu.be/l1VHbm06L2w
On Tuesday, U.S. regulators told banks to review cyber-security protections against fraudulent money transfers in the wake of revelations that a hacking group used such messages to steal $81 million from the Bangladesh central bank. The notice from the Federal Reserve and other financial regulators comes two weeks after the U.S. Federal Bureau of Investigation privately urged banks to look for signs of possible cyber attacks. The warnings suggest that United States government and law enforcement agencies are concerned that recent attacks on banks in emerging-market economies could lead to losses for big U.S. firms that rely on the so-called SWIFT fund-transfer network, which serves as the backbone of international finance. http://bit.ly/216cAvb http://bit.ly/1fJ5yqZ This video was produced by YT Wochit News using http://wochit.com


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