Hackers managed to steal nearly $81 m from Bangladesh's central bank using a U.S. account in a massive cyber crime.
It's bizarre how a cyber theft of such massive scale got pulled off without notice, involving especially New York fed, Philippines and Bangladesh. What's even weirder is that this illegal transaction happened a month ago, but wasn't made public until recently.
Bangladesh government now plans to sue the Fed for failing to prevent the mishap.
Here's more information:
http://www.reuters.com/article/us-usa-fed-bangladesh-malware-idUSKCN0WD1EV
http://www.aljazeera.com/news/2016/03/bangladesh-bank-governor-resigns-81m-hack-160315084217775.html
very interesting article, I wonder if the officials will look into that no profit in Sri Lanka. Seems like something might be a little off there.
ReplyDeleteYou are right, it is a very weird situation, and I'm amazed why it is not making big global news yet.
ReplyDeleteI am curious to why the Fed is being blamed for something involving a theft from the Bangladesh's central bank. I don't really see how that is grounds to sue off of.
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