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Malware suspected in Bangladesh bank heist: officials

Posted on March 12, 2016 by Dissent

Serajul Quadir reports:

Investigators suspect unknown hackers installed malware in the Bangladesh central bank’s computer systems and watched, probably for weeks, for how to go about withdrawing money from its U.S. account, two bank officials briefed on the matter said on Friday.

More than a month after hackers breached Bangladesh Bank’s systems and attempted to steal nearly $1 billion from its account at the Federal Reserve Bank of New York, cyber security experts are trying to find out how the hackers got in.

[…]

The hackers appeared to have stolen Bangladesh Bank’s credentials for the SWIFT messaging system, which banks around the world use for secure financial communication.

Read more on Reuters.

Category: Breach IncidentsFinancial SectorMalwareNon-U.S.

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