Hackers reveal how NSA breached global money transfer system

Hackers reveal how NSA breached global money transfer system

A group of hackers known as the Shadow Brokers recently released documents and computer files showing how the U.S. National Security Agency (NSA) misused weaknesses or security holes in commercially available software to breach the global money transfer system.

Shadow Brokers alleged that NSA accessed the SWIFT money-transfer system via service providers in several countries the Middle East as well as Latin America.

The most recent release of the documents and computer files was the latest in a string of disclosures by the hackers in the past few months.

Cybersecurity firm Comae Technologies’ founder Matt Suiche noted that screen shots provided hints that some SWIFT affiliates were making use of Windows servers that were quite vulnerable at the time (2013) to the exploits leaked by the group.

Commenting on the issue, Suiche said, “As soon as they bypass the firewalls, they target the machines using Microsoft exploits … We now have all of the tools the NSA used to compromise SWIFT (via) Cisco firewalls, Windows.”

The NSA and Cisco declined to reply to repeated requests for a comment on the matter, while Belgium-based SWIFT downplayed the risk of attacks through the code released by the hackers.


Popular Stories

Ford announces recalls for Ford Ikon and Figo over fire risk

Ford has announced recall for 15,600 Ford Ikon and... Read More

South Africa Faces Another Setback with Low Business Confidence Index

Moody’s Investor Service recently downgraded South... Read More

Broccoli could be an effective weapon against diabetes: Study

A promising study has suggested that broccoli can... Read More

South Africa faces Moody’s Rating Downgrade

South Africa faced a major setback as Moody’s... Read More

Iconic penguin species could go extinct in less than 40 years

An iconic penguin species found on the New Zealand... Read More

Waymo partners with Lyft to develop autonomous vehicles

Alphabet’s driverless car division Waymo LLC has... Read More