Tag Archives: online fraud

Creators of SpyEye Virus Sentenced to 24 Years in Prison

In Brief
Two International hackers, Aleksandr Andreevich Panin and Hamza Bendelladj, have been sentenced to a combined 24 years and 6 months in prison for their roles in developing and distributing SpyEye banking trojan, a powerful botnet similar to the infamous ZeuS malware.

Both hackers were charged with stealing hundreds of millions of dollars from banking institutions worldwide.

Security Researcher Goes Missing, Who Investigated Bangladesh Bank Hack

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.

Here's How Hackers Stole $80 Million from Bangladesh Bank

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

How a Typo Stopped Hackers from Stealing $1 Billion from Bank

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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