bank cyber attacks News

UK Banks Ordered to Update Cyber Security After $81M Bangladesh Bank Heist

The Bank of England ordered UK banks to detail steps taken to secure computers connected to the SWIFT bank messaging network about two months after a still-unidentified group used the system to steal $81 million from Bangladesh Bank, according to …

SWIFT Warns of 2nd Malware Attack, Revealing Hacker Campaign Targeting Banks

SWIFT, the global financial messaging network that banks use to move billions of dollars every day, warned on Thursday of a second malware attack similar to the one that led to February’s $81 million cyber heist at the Bangladesh central …

Investigation of $81M Bangladesh Bank Heist Uncovers 3 Hacker Groups: Sources

Investigators examining the theft of $81 million from Bangladesh’s central bank have uncovered evidence of three hacking groups — including two nation states — inside the bank’s network but say it was the third, unidentified group that pulled off the …

Hackers in Bangladesh Bank Cyber Heist Pocketed About $70M; NY Fed Criticized

Hackers are likely to get away with about $70 million of Bangladesh’s foreign reserves after a brazen cyber-attack against the South Asian nation, according to Finance Minister Abul Maal Abdul Muhith. The Philippines — where most of the funds ended …

Bangladesh Bank Cyber-Heist Hackers Exploited Vulnerabilities in SWIFT Software

The attackers who stole $81 million from the Bangladesh central bank probably hacked into software from the SWIFT financial platform that is at the heart of the global financial system, said security researchers at British defense contractor BAE Systems. SWIFT, …

Bangladeshi Investigators Identify 20 Foreign Suspects in Cyber Bank Heist

Bangladeshi investigators have identified 20 foreigners – 12 Philippine nationals and eight Sri Lankans – suspected to have been involved in the cyber heist of tens of millions of dollars from its central bank, a police officer said on Monday. …

Bangladesh Hack Opens Door to Attacks on Financial Institutions: Cyber Expert

The founder of cyber-security firm Kaspersky Lab expects more attacks on financial targets after hackers recently stole funds from Bangladesh’s central bank and moved the Russian ruble’s exchange rate. “Criminal innovations that we see in some parts of the world …

Bangladesh Launches Cyber Heist Probe; Cash Packed into Manila Banker’s Car

Bangladesh police launched a criminal investigation on Thursday into the cyber theft of $81 million from the central bank’s U.S. account but said it was too early to pinpoint any suspects. The money was transferred to accounts in the Philippines, …

Bangladesh Cyber Bank Heist Prompts Scrutiny of Cyber Security Measures

A printer error first tipped off Bangladesh’s central bank to one of the biggest cyber heists in recent history, according to a complaint filed to police that provided new details on the attempted theft of nearly $1 billion. Zubair Bin …

Bank of England Faces ‘Advanced, Persistent & Evolving’ Cyber Threats

The Bank of England is frequently faced with cyber threats as hackers probe for vulnerabilities in the central bank’s computer systems. The revelation was made in a response by the U.K. central bank to a Freedom of Information request by …