cyber heist

Cyber Heist: RCBC files defamation case against Bangladesh Bank

Philippine’s Rizal Commercial Banking Corporation says it filed a defamation suit against the central bank of Bangladesh for “baseless allegation” in connection with the $81-million cyber heist three years ago.

BB Cyber Heist: Malware sent to BB network thru' emails

It looked like any other email job-seekers send. The sender Rasel Ahlam attached a cover letter and a resume apparently hoping for a call for a personal interview.

Russia’s Globex bank says hackers targeted its SWIFT computers

Hackers tried to steal 55 million roubles ($940,000) from Russian state bank Globex using the SWIFT international payments messaging system, the bank said on Thursday, the latest in a string of attempted cyber heists that use fraudulent wire-transfer requests.

Cyber attack on Union Bank of India similar to Bangladesh Bank heist

A cyber attack on Union Bank of India last July began through an email attachment releasing malware that allowed hackers to steal the state-run bank's data, the Wall Street Journal reports.

No plans to sue Fed, SWIFT, says Bangladesh Bank

Bangladesh's central bank says it has reversed its plans to sue the Federal Reserve Bank of New York and the SWIFT money transfer network, and instead intends to seek their help recovering $81 million stolen by cyber thieves in February.

'Involvement of BB Officials in Cyber Heist' / 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.

Probe into 2013 hack for links to central bank heist

Bangladesh police are reviewing a nearly forgotten 2013 cyber heist at the nation’s largest commercial bank for connections to February's $81 million heist at the country's central bank, a senior law enforcement official says.

Cyber thieves exploit banks' faith in SWIFT transfer network

SWIFT has no rule specifically requiring client banks to report hacking thefts but says it requires customer to notify SWIFT of problems that can affect the "confidentiality, integrity, or availability of SWIFT service."

'SWIFT technicians left BB vulnerable to hackers'

Bangladesh's central bank became more vulnerable to hackers when technicians from SWIFT, the global financial network, connected a new bank transaction system to SWIFT messaging three months before a $81 million cyber heist, Bangladeshi police and a bank official allege.

March 17, 2016
March 17, 2016

Confusion, panic order of the day

Confusion and panic was the order of the day at the Bangladesh Bank yesterday, a day after its governor Atiur Rahman stepped down and two deputy governors were removed hastily amid strong criticism over the central bank's handling of the $101 million cyber theft.

March 15, 2016
March 15, 2016

Philippine bank let fund withdrawal despite NY bank stop order

The Rizal Commercial Banking Corp. allows the withdrawal of the bulk of the funds suspected to have been stolen by computer hackers from the Bangladeshi central bank despite having received an order from its counterpart banks abroad to stop the payment.

March 13, 2016
March 13, 2016

Action against Bangladesh Bank: Muhith

The finance ministry will take action against Bangladesh Bank for not informing the government formally about the bank’s $101 million cyber heist, Finance Minister AMA Muhith says.

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