SWIFT Hackers Steal $10 Million From Ukrainian Bank

A Ukrainian bank has become the latest victim of the widespread cyber attack on global banking and financial sector by hackers who target the backbone of the world financial system, SWIFT.

Hackers have reportedly stolen $10 Million from an unnamed bank in Ukraine by exploiting the SWIFT international banking system, according to an independent IT monitoring organization called the Information

Russia arrests 50 hackers who stole $25 million from Banks

Russian authorities have arrested a gang of 50 hackers suspected of stealing more than 1.7 Billion Rubles (over US$25 Million) from banks and other financial institutions in the country since 2011.

The same criminal gang had tried to steal a further 2.273 Billion Roubles by issuing false payment instructions, but that were blocked.

The group allegedly used a Trojan called "