It was “absolutely fake” news, Bangladesh Bank spokesman Mezbaul Haque said today.
Hackers release documents and files that cybersecurity experts indicated the US National Security Agency had accessed the SWIFT interbank messaging system, allowing it to monitor money flows among some Middle Eastern and Latin American banks.
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.
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.
Investigators links malware used by Russian and eastern European cybergangs to a string of bank heists that culminated in the record-breaking theft of US$81 million from Bangladesh's central bank, people familiar with the probe said.
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.
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.
The chief executive of secure messaging system SWIFT says the theft of $81 million from Bangladesh's central bank, by criminals sending fraudulent payment instructions via SWIFT, would force the organisation to shrink and review its strategy.
A government panel probing the $101 million Bangladesh Bank heist blamed the theft on SWIFT again and hinted for the first time at the involvement of central bank officials in its final report submitted yesterday.
It was “absolutely fake” news, Bangladesh Bank spokesman Mezbaul Haque said today.
Hackers release documents and files that cybersecurity experts indicated the US National Security Agency had accessed the SWIFT interbank messaging system, allowing it to monitor money flows among some Middle Eastern and Latin American banks.
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.
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.
Investigators links malware used by Russian and eastern European cybergangs to a string of bank heists that culminated in the record-breaking theft of US$81 million from Bangladesh's central bank, people familiar with the probe said.
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.
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.
The chief executive of secure messaging system SWIFT says the theft of $81 million from Bangladesh's central bank, by criminals sending fraudulent payment instructions via SWIFT, would force the organisation to shrink and review its strategy.
A government panel probing the $101 million Bangladesh Bank heist blamed the theft on SWIFT again and hinted for the first time at the involvement of central bank officials in its final report submitted yesterday.
Hackers who stole $81 million from Bangladesh's central bank have been linked to another cyber attack, this time on a bank in the Philippines, in addition to the 2014 hack on Sony Pictures Entertainment, cyber security company Symantec Corp says.
