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+--- Thread: Mexico Acknowledges Banks Were Hacked (/Thread-Mexico-Acknowledges-Banks-Were-Hacked)
Mexico Acknowledges Banks Were Hacked - mothered - 05-16-2018
Greetings to all,
Yet another fine example of why our data Is not safe when In the hands of a given financial Institution. Going by personal experience, Mexico's security as a whole, certainly needs to be addressed and corrective measures Implemented.
Quote:Mexico established a one-day waiting period on electronic money transfers of over $2,500 in the wake of a hacking attack that may have taken as much as $20 million from several Mexican banks.
It was the latest in a string of embarrassments for the Mexican banking system, which has seen slowdowns in e-payment, debit card transactions and transfers since late April.
The head of the country's central bank, Alejandro Diaz de Leon acknowledged late Monday that a "cyberattack" was involved in shadowy transfers of between $18 million and $20 million.
The head of the country's bankers' association told local media Tuesday that the hackers had apparently duplicated valid settlement payments between banks, with one copy going to the intended recipient and the other going to account set up by hackers.
Source.