Reply to post: Re: How can this happen?

SWIFT finally pushes two-factor auth in banks – it only took several multimillion-dollar thefts

Anonymous Coward
Anonymous Coward

Re: How can this happen?

We are talking about laundering millions of $ here.

With that sort of money floating around, I'm sure it won't take much effort to bribe someone at some point. Either to get the receiving bank to set up an account using a fake ID for a 'cut', or perhaps they know someone in the local passport office who can make them fake IDs, that look real enough for a bank .

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019