Skip to content
The Nexus
SECURITYMay 18 · 09:00 UTCFOX NEWS

Our adversaries are even using the US banking system. Here’s how they get away with it

Adversaries are using the US banking system by originating wire transfers from banks in countries like the United Arab Emirates and routing them through European correspondent banks to American financial institutions. These transactions often involve shell companies with fake identities assembled from stolen Social Security numbers purchased on dark web markets. Iran, North Korea, Russia, and China are running operations to overcome American institutional defenses.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Spot something wrong with this article?Report a problem →
Forward this