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Midweek Roundup: Swift Directors Reportedly Knew of Cybersecurity Problems, Singapore Bars Swiss Bank for 1MDB Ties, and More
printThe Society for Worldwide Interbank Financial Telecommunication, or Swift, had long suspected that many of its members lacked effective controls against unauthorized access to its messaging platform before hackers managed to siphon $81 million from Bangladesh's central bank in February, former Swift directors and managers told Reuters. More Ukraine's National Anti-Corruption Bureau said that handwritten records show nearly $13 million in undeclared cash transfers between former President Viktor Yanukovych's political party and its long-term consultant, Paul Manafort, who is currently working for Donald Trump's presidential campaign, The New York Times said. More Swiss private bank Falcon has been blocked from...
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