FBI probes Bangladesh bank cyber theft: WSJ

(From Reuters)

The Federal Bureau of Investigation (FBI) is probing the cyber theft of tens of millions of dollars from the Bangladesh central bank’s U.S. account, the Wall Street Journal reported on Friday, citing people familiar with the matter.

fingersFBI agents are looking for evidence in the United States and beyond to determine who was behind the theft, which transferred money from the Bangladesh central bank account in New York to the Philippines, the Journal reported. (on.wsj.com/1PguXWw)

The heist netted $81 million and took place between Feb 4 and Feb 5, when unknown hackers breached the computer systems of Bangladesh Bank and attempted to steal $951 million from its account at the Federal Reserve Bank of New York, which it uses for international settlements.

A spokeswoman for the FBI in New York declined comment. Bangladesh Bank had earlier asked the FBI for help.

The theft prompted the head of Bangladesh Bank to resign and has triggered concerns over the safety of the financial system in the Philippines after the funds were transferred to Manila. Read more



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