bangladesh bank hacking

March 20, 2016
March 20, 2016

Not so SWIFT

Two engineers of SWIFT have come to Bangladesh to review its servers with the central bank -- 38 days after a band of hackers breached the payment system in an attempt to steal about $1 billion.

March 17, 2016
March 17, 2016

Confusion, panic order of the day

Confusion and panic was the order of the day at the Bangladesh Bank yesterday, a day after its governor Atiur Rahman stepped down and two deputy governors were removed hastily amid strong criticism...

March 16, 2016
March 16, 2016

Fazle Kabir appointed BB governor

The government appoints former finance secretary and chairman of state-run Sonali Bank Ltd Fazle Kabir as the new governor of Bangladesh Bank for the next four years.

March 14, 2016
March 14, 2016

BB reserve heist: Muhith to brief media tomorrow

Finance Minister AMA Muhith will brief the media about the recent theft of US$101 million by hackers from Bangladesh Bank account at New York Federal Reserve Bank.

March 14, 2016
March 14, 2016

Need for better systems and protocols

The news that foreign hackers attempted to off $101 million from Bangladesh Bank's account with the Federal Reserve Bank of New York need not be viewed as a catastrophic failure...

March 13, 2016
March 13, 2016

Dangerously exposed

The recent hacking of the Bangladesh Bank system to steal at least $100 million reveals the vulnerability of the central bank's IT infrastructure, weak operational architecture and probable...