Bangladesh is not the only bank that had become victim to the cyber heist. In fact, it appears to be just a part of the widespread cyber attack on global banking and financial sector by hackers who target the backbone of the world financial system, SWIFT.
Yes, the global banking messaging system that thousands of banks and companies around the world use to transfer Billions of dollars in
SWIFT, the global Society for Worldwide Interbank Financial Telecommunications, warned on Thursday of a second malware attack similar to the Bangladesh central bank hack one that led to $81 million cyber heist.
In February, $81 Million cyberheist at the Bangladesh central bank was carried out by hacking into SWIFT, the global financial messaging system that thousands of banks and companies
In Brief
Investigators from the Forensic Training Institute of the Bangladesh investigated the $80 Million bank heist and discovered that the hackers managed to gain access to the network because the Bank was using second-hand $10 network switches without a Firewall to run its network.
When it was reported last month that an unknown hacking group attempted to steal $1 Billion from
Tanvir Hassan Zoha, a 34-year-old security researcher, who spoke to media on the $81 Million Bangladesh Bank cyber theft, has gone missing since Wednesday night, just days after accusing Bangladesh’s central bank officials of negligence.
Zoha was investigating a recent cyber attack on Bangladesh’s central bank that let hackers stole $81 Million from the banks’ Federal Reserve bank account.
The recent cyber attack on Bangladesh’s central bank that let hackers stole over $80 Million from the institutes’ Federal Reserve bank account was reportedly caused due to the Malware installed on the Bank’s computer systems.
Few days ago, reports emerged of a group of unknown hackers that broke into Bangladesh’s central bank, obtained credentials needed for payment transfers from Federal
Typos are really embarrassing, but this time it saved the Bangladesh Central Bank and the New York Federal Reserve by preventing a nearly $1 Billion (£700 Million) heist.
Last month, some unknown hackers broke into Bangladesh’s central bank, obtained credentials needed for payment transfers and then transfer large sums to fraudulent accounts based in the Philippines and Sri Lanka. But…
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