cyber attack
Data collection is a lethal weapon and it’s already breaching our privacy
It is almost impossible to untangle ourselves from the sticky mesh of the world wide web.
Over half of banks at high risk of cyber-attacks: BIBM
A high risk of cyber-attacks looms large over 36 per cent of banks in Bangladesh mainly due to a shortage of investment in strengthening security measures, skilled personnel and a lack of awareness among bankers and customers.
India witnessing heavy cyber attacks
India has been the target of over 4.3 lakh cyber attacks from five countries including China, Russia and the US while more than 73,000 attacks were initiated from India between January and June this year, says a Finnish cyber-security company.
ABSENCE OF DATA SECURITY LAW / ICT sector fails to attract investment: minister
Bangladesh is failing to attract foreign investment, particularly from European countries, because of a lack of policies and regulations to ensure data security, ICT and Telecom Minister Mustafa Jabbar said yesterday.
MAJOR CYBER ATTACKS / UK, Australia blame Russia
Britain and Australia yesterday blamed Russia's military intelligence service for some of the biggest cyber attacks of recent years -- including one on the Democratic National Committee during the 2016 US presidential campaign.
British Airways apologises after 380,000 customers hit in cyber attack
British Airways is forced to apologise after the credit card details of hundreds of thousands of its customers were stolen over a two-week period in the worst ever attack on its website and app.
Malaysia’s central bank foils unauthorised fund transfer attempts
Malaysia’s central bank says it detected and foiled an attempted cyber attack and efforts to transfer funds without authorisation using falsified SWIFT messages.
New police unit to check cyber crime
Social media users may have to be more cautious about making “unlawful” public remarks and sharing contentious items as it would soon be only a matter of hours for police to trace their origins with the help of special software.
Cyberattack: Researcher finds 'kill switch' for ransomeware
A cybersecurity researcher appears to have discovered a "kill switch" that can prevent the spread of the WannaCry ransomware -- for now -- that has caused the cyberattacks wreaking havoc globally.
More evidence NKorea linked to BB cyber heist: Kaspersky Lab
Cyber security firm Kaspersky Lab says it has obtained digital evidence that bolsters suspicions by some researchers that North Korea was involved in last year's $81 million cyber heist of the Bangladesh central bank's account at the Federal Reserve Bank of New York.
Pakistan passes controversial cyber-crime law
Pakistan has adopted a much-criticised cyber security law that grants sweeping powers to regulators to block private information they deem illegal. The National Assembly approves the Prevention of Electronic Crimes Bill 2015 after the Senate had unanimously adopted it last month.
Spooked by Bangladesh heist, Asian security summit works on cybersecurity
Alarmed by the theft of $81 million from Bangladesh's central bank in February, one of the world's biggest ever cyber heists, cybersecurity is among the top concerns discussed at Singapore's annual Shangri-La Dialogue Asian security summit. For the first time, the conference allots one of its six special sessions to cybersecurity.
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.
Bangladesh Bank heist trail goes cold in Manila as probes falter
More than three months have passed since $81 million was stolen in a brazen cyber-heist from Bangladesh's central bank and sent to Manila - yet authorities in the Philippines appear no closer to nabbing those who laundered most of the money through a bank and casinos.
Digital noose to be tightened further
Anyone spreading negative propaganda against the Liberation War or the Father of the Nation, using digital devices, will risk being sentenced to life in prison, according to the draft of a new law. The draft of Digital Security Act-2016 also stipulates two-year imprisonment for "deliberately" defaming someone or hurting anyone's religious sentiment by publishing or broadcasting something through digital devices.
Cyber attackers target US presidential campaigns: official
Cyber attackers are targeting the campaigns of Democratic and Republican presidential contenders, US Director of National Intelligence James Clapper said Wednesday.
Dhaka bank sent 3 urgent messages
Three messages sent by the Bangladeshi central bank to the Rizal Commercial Banking Corp. (RCBC) on the morning of February 9, alerting the Yuchengco-controlled financial institution to the dubious provenance of the $81 million that was later revealed to be the largest money laundering caper in Philippine history.
Reducing cyber risk of banks
Guidelines on Internal Control & Compliance for Banks were issued by the central bank on March 8, 2016, which recommended the commercial banks to take insurance as a risk mitigation measure. Such insurances are not over-the-counter products, and must be customised as per each bank's unique exposures.
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 investigators.
