Hackers almost succeeded in stealing US$951 million from the central bank of Bangladesh in early February. The latest investigation has revealed that the theft planners may have come from China.
In the end, they managed to steal US$81 million.
The hackers, using authenticated SWIFT codes, masqueraded as officials from Bangladesh Bank on Feb 5 to submit a series of requests for the Federal Reserve Bank of New York (FRBNY) to transfer large amounts of money out of its account. FRBNY received a total of 35 tranches of transfer requests, amounting to US$951 million.
While 30 of the requests were declined, …read more
Source: The Epoch Times
