bb heist | The Daily Star

  • Hackers’ files show NSA monitored SWIFT transfers

    Hackers release documents and files that cybersecurity experts indicated the US National Security Agency had accessed the SWIFT interbank messaging system, allowing it to monitor money flows among some Middle Eastern and Latin American banks.

  • Agriculture loan interest rate

    No plan to sue Fed, SWIFT: BB

    Bangladesh's central bank says it has reversed its plans to sue the Federal Reserve Bank of New York and the SWIFT money transfer network, and instead intends to seek their help recovering $81 million stolen by cyber thieves in February.

  • Rizal Commercial Banking Corp

    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.

  • Four new banks in bangladesh 2018

    Dridex malware linked to BB heist

    Investigators links malware used by Russian and eastern European cybergangs to a string of bank heists that culminated in the record-breaking theft of US$81 million from Bangladesh's central bank, people familiar with the probe said.

  • 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.

  • Govt probe hints at BB officials' links

    A government panel probing the $101 million Bangladesh Bank heist blamed the theft on SWIFT again and hinted for the first time at the involvement of central bank officials in its final report submitted yesterday.

  • 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.

  • 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.

  • 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.

  • Probe body blames SWIFT for BB heist

    Global financial network SWIFT is primarily responsible for the hacking of Bangladesh central bank reserve, says head of the committee probing into one of the biggest cyber-heists in the world. SWIFT was responsible to ensure around 13 security measures for the safety of the system but it did not do so, he adds.

  • 2nd bank faced malware attack

    Investigators probing the cyber heist of $81 million from the Bangladesh central bank yesterday connected it to the hack at Sony Corp's

  • Bangladesh Bank

    N Korean, Pakistani hackers involved

    Forensic investigators examining the theft of $81 million from Bangladesh Bank's account with the New York Fed have

  • Bangladesh Bank

    NY Fed, BB, SWIFT to work jointly

    The Federal Reserve Bank of New York, Bangladesh Bank and SWIFT have vowed to work together to recover the $81 million that Bangladesh lost in a reserve heist three months ago.

  • BB heist: FBI suspects insider involvement

    US Federal Bureau of Investigation finds evidence that at least one Bangladesh Bank employee acted as an accomplice of hackers. Investigators suspect it was partly an inside job, WSJ reports

  • BB heist: Kim Wong hands over another $5.28 million to AMLC

    Kim Wong turns over to AMLC the fourth and final tranche of funds amounting to P250 million, part of the $81-million stolen by hackers from Bangladesh Bank reserve.

  • Interpol team in Dhaka to help CID

    The six visiting Interpol officials teaming up with the Criminal Investigation Department yesterday started forensic analysis of

  • BB's instant steps helped avert large scale heist

    Bangladesh Bank's prompt actions averted large scale hacking into its account with the New York Fed, Prime Minister Sheikh

  • Instant BB measures prevented larger heist: PM

    Prime Minister Sheikh Hasina says instant and proper measures taken by the Bangladesh Bank after the heist from its fund with Federal Reserve Bank of New York prevented hacking of a larger sum of money.

  • Philippine banks seen to address vulnerabilities vs fraud

    Philippine banks are seen to reexamine vulnerabilities to potential fraudsters in order to avoid a repeat of the $81-million money-laundering scandal that has now become a global spectacle.

  • Editorial: Return Bangladesh Bank money now

    The globally publicized US$81-million money-laundering scandal is enough international embarrassment for the Philippines. The least the Philippine Government can do now is to return the money as fast as the legal process will allow.

  • Bangladesh envoy to Philippines fears delay in recovery of stolen BB fund

    Bangladesh Ambassador to the Philippines John Gomes expressed his worries over delay in recovery of US$81 million stolen from Bangladesh Bank account with Federal Reserve Bank of New York.

  • BB heist: Philippines bank RCBC’s treasurer quits

    The treasurer of Rizal Commercial Banking Corp of the Philippines resigns amid ongoing investigation on US$81-million money laundering case. The money was stolen on February 4 from Bangladesh Bank's account with Federal Reserve Bank of New York.

  • Philippines court starts process to return money to Dhaka

    Bangladesh Bank may have to wait longer before it gets the amount turned over by casino junket operator Kim Wong to the Anti-Money Laundering Council of the Philippines for safekeeping, although the court has already asked authorities to preserve the money.

  • 20 foreign nationals found involved in BB fund heist: CID

    The Criminal Investigation Department of police claims to have identified 20 foreign nationals involved in the $101 million cyber theft from Bangladesh Bank fund from Federal Reserve Bank of New York.

  • BB fund: Fed could but failed to stop cyber heist

    It seems, had the Federal Reserve Bank of New York been cautious about financial transactions, the hacked funds of Bangladesh Bank could easily be stopped from being transferred to banks in the Philippines and Sri Lanka, and from there to the pockets of the hackers.

  • Stop payment orders from BB 'vague': RCBC

    Rizal Commercial Banking Corporation (RCBC) says the bank could have held the stolen US$81 million if only the Bangladesh Bank sent "high priority messages."

  • Philippine senators debate on return of funds to Bangladesh

    Philippine senators debate whether or not the alleged stolen funds recovered from casino junket operator Kim Wong can be turned over to the government of Bangladesh without a court’s order.

  • Filipino trader turns over $4.6m

    Filipino businessman Kim Wong, who is tagged in the $81 million cyber heist, yesterday turned over $4.63m to the Philippines' Anti-Money Laundering Council for safekeeping with the country's central bank.

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