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Vietnam’s Tien Phong Bank Targeted by Swift Hack, Reuters Says

A fraudulent transfer request for more than $1.13 million was blocked, according to the bank.

By Arun Devnath and Jordan Robertson, Bloomberg | Updated on May 16, 2016

Vietnam’s Tien Phong Commercial Joint Stock Bank said it was the target of a computer attack where hackers tried to steal more than $1.13 million through the bank’s connection to the Swift interbank messaging system, Reuters reported Sunday.

The attack took the form of a fraudulent transfer request for more than 1 million euros ($1.13 million), which came through a third-party service the bank used to connect to Swift and was blocked, the bank said in a statement to Reuters. Representatives of Hanoi-based Tien Phong didn’t immediately return messages from Bloomberg on Sunday.

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