Bank Negara Malaysia ‘foils’ cyber heist

Cyber thief

Malaysia’s central bank has stressed its payment network is secure after hackers attempted to transfer funds using “falsified” Swift messages.

“Bank Negara Malaysia detected and foiled a cybersecurity incident,” the central bank says in a statement issued on March 29.

Central Banking understands the fraud originated within the central bank’s systems, allowing hackers to forge Swift messages using the central bank’s credentials.

The attack follows a number of incidents in which hackers have

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