bb hacking

March 22, 2016
March 22, 2016

BB's Achilles' heel

Cyber thieves might have found it easier to break into the Bangladesh Bank system after its local area network (LAN) was connected with its SWIFT operation, according to central bankers and...

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 18, 2016
March 18, 2016

20m pesos loaded into RCBC manager's car

Twenty million pesos believed to be part of the $81million funds stolen from Bangladesh Bank was allegedly loaded onto the vehicle of the branch manager of Rizal Commercial Banking Corporation, a...

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 15, 2016
March 15, 2016

Atiur faces heat

Bangladesh Bank Governor Atiur Rahman yesterday faced criticism from government high-ups and a number of ruling party leaders for “incompetent handling” of the cyber theft. ...

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...

March 13, 2016
March 13, 2016

Banker in midst of heist controversy

Maia Santos-Deguito, manager of Rizal Commercial Banking Corporation's (RCBC) Jupiter Street branch in Makati City of the Philippines is feeling the heat of the allegation of laundering $81...