bangladesh bank heist
'One step closer' to recovering stolen funds: BB
The New York State Supreme Court’s recent ruling in favour of the Bangladesh Bank has brought the country “one step closer” to recovering the stolen funds from the people responsible, according to the central bank.
Is none of our data safe with the government?
Focus on cybersecurity, rather than crackdown on dissent
BANGLADESH BANK HEIST / Philippines court upholds ex-RCBC manager's conviction
The Philippines appellate court has upheld the money laundering conviction of former Rizal Commercial Banking Corporation (RCBC) manager over an $81-million heist from the Bangladesh Bank in 2016.
Bangladesh Bank heist: CID fails to file probe report for the 64th time
A Dhaka court today again asked Criminal Investigation Department (CID) to submit probe report by August 17, 2022 in Bangladesh Bank cyber heist case.
CID fails to present probe report on Bangladesh Bank heist today, next date Jan 13
A Dhaka court today set January 13 to submit a probe report in the case filed over Bangladesh Bank (BB) reserve heist that took place in 2016.
BB heist: Info on perpetrators sought from Philippines
Bangladesh has sought from the Philippines the identities of the perpetrators involved in Bangladesh Bank heist, says Masud bin Momen, secretary (Asia Pacific) of the foreign ministry.
BB not worried at RCBC case
Terming the RCBC's defamation suit against the Bangladesh Bank baseless, a top BB official yesterday said it would not put any pressure on the central bank.
CID probe on, Farashuddin report can't be disclosed
The government cannot disclose the Farashuddin-led committee's investigation report on Bangladesh Bank reserve heist so that probe by the Criminal Investigation Department is not “influenced”, Finance Minister AHM Mustafa Kamal told parliament last night.
BB Heist Probe: CID fails 56th report deadline
A Dhaka court yesterday again asked Criminal Investigation Department (CID) to submit probe report by March 13 in Bangladesh Bank cyber heist case.
Legal battle begins
With the help of Federal Reserve Bank of New York, Bangladesh yesterday launched a legal battle to recover the full amount stolen from its central bank's reserve.
No BB heist probe report until case in Philippines settled: Muhith
Finance Minister AMA Muhith says the investigation report on reserve heist of the Bangladesh Bank is not being made public as a case is pending with a court in the Philippines.
More evidence NKorea linked to Bangladesh Bank cyber heist: Kaspersky Lab
Cyber security firm Kaspersky Lab says it has obtained digital evidence that bolsters suspicions by some researchers that North Korea was involved in last year's $81 million cyber heist of the Bangladesh central bank's account at the Federal Reserve Bank of New York.
Bangladesh Bank heist 'state-sponsored': FBI official
The heist of $81 million from the Bangladesh central bank's account at the New York Federal Reserve last year was "state-sponsored," an FBI officer in the Philippines, who has been involved in the investigations, says.
Can we have full disclosure, please?
Bangladesh is well-known around the globe for its many achievements. Rapid economic progress, exceptional exports growth, universal primary education, elimination of poverty and bold strides in addressing income inequality.
BB heist: Philippine central bank slaps US$21.2 million fine on RCBC
Philippine banking regulators impose the single biggest monetary penalty on an erring financial institution in the country’s history, slapping Rizal Commercial Banking Corp. (RCBC) with a US$21.2-million ( P1-billion) fine in the wake of the cyber heist at Bangladesh Bank.
Bangladesh nears recovery of US$81m stolen funds
Bangladesh Bank is a step closer to recovering a portion of the US$81 million fund stolen by hackers from its account with the Federal Reserve Bank of New York, reports The Philippine Star.
US attorney in Manhattan probes BB cyber heist
US attorney's office opens probe of cyber heist of $81 million from Bangladesh Bank's account at the Federal Reserve Bank of New York, a law enforcement source says.
Farashuddin wants further probe
The government should carry out further investigation to find out whether the suspected Bangladesh Bank officials were really involved in the $101 million cyber heist, says Mohammed Farashuddin, head of the three-member body that probed the theft.
NY Fed first rejected cyber-heist transfers, then moved $81m
Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a Bangladesh Bank account to cyber thieves, the Fed branch blocked those same requests because they lacked information required to transfer money, according to two people with direct knowledge of the matter.