Vietnam’s Tien Phong Bank has confirmed that it thwarted an attempt by cyber criminals to transmit EUR1 million using bogus Swift messages in the third quarter of last year.
In a statement to Reuters, the Vietnamese bank said the transfers were made using a third party supplied messaging interface to the Swift network. The bank has not disclosed the identity of the vendor, but says that it has switched to using a new system that offers a higher level of security.
Cybersecurity firm BAE Systems said last week that malware similar to that used by hackers in Bangladesh had been implicated in attempted theft at a Vietnamese bank.
In the immediate aftermath of the Bangldesh boost, interbank co-operative Swift confirmed that it had experienced a number of recent instances of hackers compromising network interface devices at client banks.