Vietnam's TPBank thwarted $1m cyber heist similar to Bangladesh Bank attack
A bank in Vietnam successfully managed to thwart an attempt made by hackers to pull-off a cyber heist similar to the one on Bangladesh Bank in February. The Tien Phong Bank in Hanoi said on 15 May that the cyberattack targeted a vendor that the bank had previously used to connect to Swift's systems, which the bank has since stopped using.
According to reports, the TPBank had identified a suspicious request made via Swift's messaging system and subsequently contacted all parties involved to stop the transfer of the funds in the fourth quarter of 2015.
Tien Phong Bank said that the attempted cyber-heist "did not cause any losses. It had no impact on the Swift system in particular and the transaction system between the bank and customers in general", Reuters reported.
