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Second hacker group targets SWIFT users, Symantec warns

Symantec said it would share technical information about Odinaff with banks, governments and other security firms

Held to ransom
Jim Finkle
Last Updated : Oct 11 2016 | 11:19 PM IST
Cyber-security firm Symantec Corp said on Tuesday that a second hacking group has sought to rob banks using fraudulent SWIFT messages, the same approach that yielded $81 million in the high-profile February attack on Bangladesh’s central bank.

Symantec said that a group dubbed Odinaff has infected 10 to 20 Symantec customers with malware that can be used to hide fraudulent transfer requests made over SWIFT, the messaging system that is a lynchpin of the global financial system.  Symantec’s research provided new insight into ongoing hacking that has previously been disclosed by SWIFT.

SWIFT Chief Executive Gottfried Leibbrandt last month told customers about three hacks and warned that cyber attacks on banks are poised to rise.

SWIFT and Symantec have not identified specific victims beyond Bangladesh Bank. Symantec said that most Odinaff attacks occurred in the US, Hong Kong, Australia, the United Kingdom and Ukraine.

Symantec said it would share technical information about Odinaff with banks, governments and other security firms.

The company in May said it believed the Bangladesh heist was carried out by a group known as Lazarus, which was also responsible for attacks on SWIFT customers in Southeast Asia as well as the 2014 hack of Sony Pictures Entertainment.

The US government has blamed North Korea for the Sony attack.

Symantec researcher Eric Chien said his firm has not confirmed that North Korea was behind Lazarus, but that the high level of sophistication of its work suggests involvement by a nation state.
Reuters

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First Published: Oct 11 2016 | 11:13 PM IST

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