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June 2, 2018
Transactions happen internationally. well, in early 2016 hackers linked to north korea got into that system. and they didnt destroy documents. they didnt steal documents. they didnt wipe documents off peoples computer servers. in that attack they actually created fake documents that looked almost like the real thing. and with those fake documents inside that system they filed requests through the swift system. they filed requests that the federal reserve bank of new york should transfer -- they ...
June 2, 2018
Third-party account. in all they requested the fed move about a billion dollars that way. and most of those requests got rejected. "the new york times" reported last year that one of the reasons that some of those requests were rejected is because the hackers tried to use the word "foundation" in one of their documents and they spelled it fandation instead, which is an unusual typo. and that unusual typo stood out. some people who reviewed those requests, that block some of those requests from g...