Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

‘Unauthorized transfers’ siphon funds from Mexican banks

An as yet unknown amount of funds were sucked out of at least five Mexican financial groups through “unauthorized transfers” in recent days, a top central bank official said on Friday, while stopping short of calling it a cyber attack.

Lorenza Martinez, head of Banxico’s payment system, told Reuters that it was still unclear how much money had been fraudulently transferred and she refrained from naming the affected institutions, which could include banks and brokers.

“These unauthorized transfers were originated in the system that connects the institutions to the payment system,” Martinez said in a telephone interview, noting that . . .

Read Full Story

Related Posts

Cancún at 56 Faces Growth That Planning Hasn't Caught

Cancún at 56 Faces Growth That Planning Hasn’t Caught

A civic warning on Cancún’s 56th anniversary says growth is outpacing planning, straining mobility, infrastructure...
Iberoamericana Sets New Mérida Campus in Cosgaya Area

Iberoamericana Sets New Mérida Campus in Cosgaya Area

Universidad Iberoamericana will open a campus in Mérida’s Cosgaya area, adding new higher-education capacity as...
Mérida Limpia wins global recognition for cleaner city

Mérida Limpia wins global recognition for cleaner city

Mérida’s cleanliness campaign won international recognition, spotlighting how the city manages waste, public space and...
Guanajuato pushes romance tourism after San Miguel summit

Guanajuato pushes romance tourism after San Miguel summit

A wedding-industry summit in San Miguel ended with new deals and promotion plans as Guanajuato...