Mexican banks moved to alternative network as hackers target real-time payments system

Three Mexican banks have been forced to activate contingency measures to foil attempts by hackers to infiltrate the country's real-time payments network.

  14 Be the first to comment

Mexican banks moved to alternative network as hackers target real-time payments system

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The alarm was sounded by the Mexican central bank on Friday, reporting that three banks experienced “incidents” when operating the SPEI, Mexico’s interbank electronic transfer system

The bank stressed that no client money was lost as a result of the attack and the system continued to operate as normal.

The banks targeted were moved to an alternative network which would result in delays in transferring cash from the usual 1.9 seconds to hours.

In a statement, Bando de Mexico says: "It is possible that the clients of the [three banks will] experience slowness in the sending of their transactions, as well as in the receipt of resources from other financial institutions (possibly of a few hours) and delays in the queries of the electronic certificates of payment."

Sponsored [Webinar] Trusted Transactions: The Future of Risk-Based Authentication

Comments: (0)

[Webinar] PREDICT 2025: The Future of Faster Payments in the USFinextra Promoted[Webinar] PREDICT 2025: The Future of Faster Payments in the US