bank fraud

Bangladesh Bank Hackers Compromised SWIFT Software, Warning to be Issued

By Jim Finkle April 25 – 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, a cooperative owned by 3,000 financial institutions, confirmed to

[ Read More ]

For Bank Heist Hackers, the Philippines Was a Handy Black Hole

By John Chalmers and Karen Lema MANILA, March 21 – In February 2013, the Philippines was up against a deadline to amend its Anti-Money Laundering Act and get itself off the ‘grey list’ of a global watchdog, and lawmakers were bickering over whether to include casinos under the legislation. With one day to go, a

[ Read More ]

Cyber Expert Disappears After Comments on Bangladesh Central Bank Heist

A cyber crime expert has disappeared after talking to police and the media about an attempted $951 million cyber heist from Bangladesh’s central bank, his wife said on Sunday. Kamrun Nahar Chowdhury said her husband Tanveer Hassan Zoha had been taken from a motorised rickshaw in the early hours of Thursday by people in plainclothes

[ Read More ]

Turkish Prosecutor Prepares Case Against Dogan

ANKARA, March 17 – An Istanbul prosecutor has submitted an indictment accusing the founder of Dogan Holding and chairman of Isbank of involvement in a fuel-smuggling ring, several newspapers close to the government said on Thursday. The prosecutor is seeking a 23-year jail sentence for Aydin Dogan, whose Dogan Holding owns Turkey’s largest media group

[ Read More ]