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Weekly Roundup: SWIFT Cyberthieves Targeted Indian Bank, Russia to Legalize Bitcoin, and More
printAnonymous sources said the attempted cybertheft of $170 million from Union Bank of India last year resembles the earlier $81 million attack on Bank of Bangladesh, which was perpetrated via unauthorized access to the central bank's portal with the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, The Wall Street Journal reported. More Russian financial regulators plan to legalize Bitcoin and other digital currencies by 2018 in efforts to regulate and monitor them as fake loans, fraudulent trades and other traditional schemes of laundering money continue drying up, Bloomberg reported. More Mehmet Hakan Atilla, a deputy general manager at Turkey's...
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