bangladesh bank heist
CID fails to present probe report on Bangladesh Bank heist today, next date Jan 13
A Dhaka court today set January 13 to submit a probe report in the case filed over Bangladesh Bank (BB) reserve heist that took place in 2016.
BB heist 'state-sponsored': FBI official
The heist of $81 million from the Bangladesh central bank's account at the New York Federal Reserve last year was "state-sponsored," an FBI officer in the Philippines, who has been involved in the investigations, says.
Can we have full disclosure, please?
Bangladesh is well-known around the globe for its many achievements. Rapid economic progress, exceptional exports growth, universal primary education, elimination of poverty and bold strides in addressing income inequality.
BB heist: US$21.2 million fine on RCBC
Philippine banking regulators impose the single biggest monetary penalty on an erring financial institution in the country’s history, slapping Rizal Commercial Banking Corp. (RCBC) with a US$21.2-million ( P1-billion) fine in the wake of the cyber heist at Bangladesh Bank.
Bangladesh nears recovery of US$81m stolen funds
Bangladesh Bank is a step closer to recovering a portion of the US$81 million fund stolen by hackers from its account with the Federal Reserve Bank of New York, reports The Philippine Star.
US attorney in Manhattan probes BB cyber heist
US attorney's office opens probe of cyber heist of $81 million from Bangladesh Bank's account at the Federal Reserve Bank of New York, a law enforcement source says.
Farashuddin wants further probe
The government should carry out further investigation to find out whether the suspected Bangladesh Bank officials were really involved in the $101 million cyber heist, says Mohammed Farashuddin, head of the three-member body that probed the theft.
NY Fed first rejected cyber-heist transfers, then moved $81m
Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a Bangladesh Bank account to cyber thieves, the Fed branch blocked those same requests because they lacked information required to transfer money, according to two people with direct knowledge of the matter.
SWIFT fights to restore faith after BB heist
The chief executive of secure messaging system SWIFT says the theft of $81 million from Bangladesh's central bank, by criminals sending fraudulent payment instructions via SWIFT, would force the organisation to shrink and review its strategy.
SWIFT to unveil new security plan after BB heist
The SWIFT secure messaging service that underpins international banking says it is planning to launch a new security programme as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist.
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,