Bank of Chile Hit by $10 Million Cybe...

Bank of Chile Hit by $10 Million Cyber Heist Using SWIFT Messaging System

Shares in the Bank of Chile were down on Monday after it confirmed hackers had siphoned off $10 million of its funds, mainly to Hong Kong, though the country's second-largest commercial bank said no client accounts had been impacted. The cyber heist is the latest in a string of such attacks, including one in May in Mexico in which thieves used phantom orders and fake accounts to steal hundreds of millions of Mexican pesos out of the country's banks, including Banorte.

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