A cyberattack against Chile’s largest financial institution last month, which reportedly destroyed 9,000 workstations and 500 servers, was actually cover for a larger plot to compromise endpoints handling transactions on the SWIFT network. When the dust settled on the attacks, investigators said $10 million was stolen from Banco de Chile and funneled off to an account in Hong Kong.
On Sunday, the bank’s general manager Eduardo Ebensperger told Chilean media outlet Pulso that the late-May attack allowed adversaries to complete four separate fraudulent transactions on the SWIFT system before the heist was discovered.
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Source: ThreatPost