Bangladesh Bank (BB) heist

RCBC accuses Bangladesh of heist ‘cover-up’

The Philippines bank through which $81 million stolen from Bangladesh’s central bank was channelled in February 2016 has accused Dhaka’s monetary authority of covering up its negligence and demanded that it stop making the bank a “scapegoat.”

February 3, 2018
February 3, 2018

BB still waits to get back $66m in stolen money

Two years have gone by since the Bangladesh Bank cyber heist, but Bangladesh could not bring back the major chunk of the $81 million wired to the Philippines from BB's account with the New York Fed.

December 12, 2017
December 12, 2017

RCBC accuses Bangladesh of heist ‘cover-up’

The Philippines bank through which $81 million stolen from Bangladesh’s central bank was channelled in February 2016 has accused Dhaka’s monetary authority of covering up its negligence and demanded that it stop making the bank a “scapegoat.”

September 4, 2017
September 4, 2017

BB sends team to Manila to push for heist money recovery

Bangladesh's central bank will send a team of officials to the Philippines to push for the recovery of more of the $81 million stolen from its account at the New York Federal Reserve last year and routed through a bank in Manila.

July 30, 2017
July 30, 2017

'NKorea hacking increasingly focused on making money'

North Korea is behind an increasingly orchestrated effort at hacking into computers of financial institutions in South Korea and around the world to steal cash for the impoverished country, a South Korean state-backed agency says in a report.

June 22, 2016
June 22, 2016

BB unlikely to extend FireEye contract for heist probe

Bangladesh's central bank is unlikely to extend the contract of US cyber security firm FireEye to investigate the electronic theft of $81 million of its money, sources at the bank say, citing high costs as one of the factors.

May 27, 2016
May 27, 2016

BB heist linked to Philippines attack, Sony hack: Symantec

Hackers who stole $81 million from Bangladesh's central bank have been linked to another cyber attack, this time on a bank in the Philippines, in addition to the 2014 hack on Sony Pictures Entertainment, cyber security company Symantec Corp says.

May 19, 2016
May 19, 2016

BB heist: $38m still missing from stolen funds

Almost half or a total of $38 million of the $81 million funds allegedly stolen from Bangladesh are still missing, an official of the Anti-Money Laundering Council (AMLC) tells a Philippine Senate hearing.

May 18, 2016
May 18, 2016

BB heist: Dhaka asks SWIFT to give access to technicians

Bangladesh asks SWIFT to help its police question technicians sent by the global financial network to Dhaka to connect a new bank transaction system months before February's $81 million cyber heist, according to a source and an e-mail seen by Reuters today.

May 17, 2016
May 17, 2016

The Immediate Tasks at Hand

More than three months have passed since the Bangladesh Bank (BB) heist, and in the interim much water has flown down the Padma, Meghna,