Turkey’s Akbank faces $4 million hit from attempted SWIFT cyber heist

Reuters reports:

Hackers targeted Turkey’s Akbank via the SWIFT global money transfer system in an attack which the bank said had not compromised customer data but would cost it up to $4 million.

Banks globally face a growing threat from cyber attacks, more of which have succeeded since February’s $81 million heist from the Bangladesh central bank.It was not immediately clear how much, if any, money had been stolen from Akbank, Turkey’s third-largest listed bank by assets and it would not give any further details beyond confirming it had been targeted in a SWIFT attack on Dec. 8.

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