Tag: Bangladesh Bank

BAE says Bangladesh hack linked to Sony attack

BAE says Bangladesh hack linked to Sony attack

Written by on May 13, 2016 in News with 0 Comments

NEW YORK (Reuters) – Malicious software used in February’s $81 million heist at Bangladesh Bank is linked to other cyber attacks, including the high-profile 2014 attack on Sony’s Hollywood studio, according to a new report from cyber security firm BAE Systems. “What initially looked to be an isolated incident at one Asian bank turned out […]

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SWIFT says its bank customers are responsible for security

SWIFT says its bank customers are responsible for security

Written by on May 12, 2016 in News with 1 Comment

(Reuters) – SWIFT has told its bank customers that they are responsible for securing computers used to send messages over its global network, which was used to steal some $81 million from a Bangladesh central bank account at the New York Fed in February. The theft marked one of the biggest-ever cyber heists. “SWIFT is […]

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SWIFT in stand off with police officials in Bangladesh heist

SWIFT in stand off with police officials in Bangladesh heist

Written by on May 10, 2016 in News with 0 Comments

(Reuters) – SWIFT has rejected allegations by officials in Bangladesh that technicians with the global messaging system made the nation’s central bank more vulnerable to hacking before an $81 million cyber heist in February. The comments were in response to a Reuters story that cited Bangladeshi police and a central bank official as saying that […]

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Was SWIFT itself the weakness in Bangladesh heist?

Was SWIFT itself the weakness in Bangladesh heist?

Written by on May 9, 2016 in News with 0 Comments

DHAKA/BOSTON (Reuters) – Bangladesh’s central bank became more vulnerable to hackers when technicians from SWIFT, the global financial network, connected a new bank transaction system to SWIFT messaging three months before a $81 million cyber heist, Bangladeshi police and a bank official alleged. The technicians introduced the vulnerabilities when they connected SWIFT to Bangladesh’s first […]

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