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.
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.
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.
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.
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.
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.
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.
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."
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.
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.
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.
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.