Rizal Commercial Banking Corp (RCBC)

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.

December 12, 2017
December 12, 2017

RCBC accuses Bangladesh of heist ‘cover-up’

The Philippines bank through which $81 million stolen from Bangladesh’s central bank was channelled in February 2016 has accused Dhaka’s monetary authority of covering up its negligence and demanded that it stop making the bank a “scapegoat.”

May 15, 2016
May 15, 2016

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.

May 3, 2016
May 3, 2016

BB heist: Ex-RCBC branch head denies involvement

Former Rizal Commercial Banking Corp (RCBC) Branch Manager Maia Santos-Deguito denies involvement in the transfer of stolen $81-million funds from the Bangladesh Bank (BB) to RCBC using fictitious accounts.

April 20, 2016
April 20, 2016

BB cyber heist: Wong returns another $4.34m

Casino junket operator Kim Wong has returned another P200 million ($4.34 million) to the Anti-Money Laundering Council (AMLC), which was believed to be part of the alleged $81million stolen funds from Bangladesh's central bank.

April 12, 2016
April 12, 2016

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."

April 6, 2016
April 6, 2016

BB hackers ‘possibly Chinese,’ says Philippines senator

Chinese hackers are possibly behind one of the world's biggest cyber heists, the theft of $81 million from the Bangladesh central bank, a senator in the Philippines says.