Bangladesh bank says hackers tried to steal $951 million

(From Reuters)

Bangladesh’s central bank confirmed on Sunday that cyber criminals tried to withdraw $951 million from its U.S. bank account, as the country’s finance minister said he first got to know of one of the biggest bank heists in history through the media.

Bangladesh central bank logo

Bangladesh central bank logo

Unknown hackers breached the computer systems of Bangladesh Bank, and transferred $81 million from its account at the Federal Reserve Bank of New York to casinos in the Philippines between Feb. 4 and Feb. 5.

Finance Minister Abul Maal Abdul Muhith said the central bank did not inform him about the heist, and that he learned of it only a month later when news first appeared in the media.

“I am very much unhappy about the handling of the issue,” he told reporters in his office in Dhaka.

He said he planned to meet Prime Minister Sheikh Hasina on Sunday and decide what action to take against central bank officials.

The cyber heist and its global scale has left Bangladesh officials scrambling to find answers and recover the money that was lost.

The incident has also left other banks and businesses around the world eager to learn more, so they can review their own networks for signs that they are vulnerable to similar attacks or might already have been breached.

Bangladesh Bank said in a Facebook post that hackers made 35 separate requests to withdraw money from its Fed account, totaling $951 million, confirming earlier reports. Read more

 



Categories: Asia Unhedged, South Asia

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