Bangladesh Bank Hackers Steal $81 Million
Reports said that the criminals took the money from Bangladesh’ account at the New York Federal Reserve and diverted $81 million to banks in the Philippines. The hackers tried to divert a further $20 million to at least one bank in Sri Lanka but that move was prevented because the hackers misspelled the name of the nonprofit to which the money was going. That mistake caught the attention of a routing bank, Deutsche Bank, according to a Reuters report.
That scam, revealed earlier this month, led to the resignation of Bangladesh Bank Governor Atiur Rahman.
Investigators reportedly are focusing not on security at the New York Federal Reserve but cybersecurity at Bangladesh Bank, the country’s central bank. Investigators reportedly think that hackers stole payment-transfer credentials from the Bangladesh financial institution.