its account at the US Federal Reserve Bank was hacked and over USD 100 million stolen from foreign reserve. A Bangladesh Bank spokesman confirmed the theft amid media uproar after sources in the central bank hinted that unknown hackers had stolen USD 101 million of which USD 81 million entered the Philippines and the rest went to Sri Lanka to be used in casino business.
“They ordered transfers out of a Federal Reserve Bank of New York account held by Bangladesh Bank,” said central bank spokesman Subhankar Saha.
He said hackers had breached the security system of the bank in early February and stole credentials for payment transfers, in one of the biggest bank thefts in history. The hackers had sent 35 advices to the US Federal Bank but only 5 of those were complied with until the theft was unearthed, he added. For the full article click here
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