Bangladesh Central Bank Team in Manila to Retrieve Cyber Heist Funds

Nov 8 – A Bangladesh central bank team arrived in Manila on Monday to work on moving back part of the $81 million stolen from its account in the New York Federal Reserve in February and sent to the Philippines, a Bangladeshi official said. A Philippine court in September adjudged that Bangladesh Bank was the

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SWIFT Discloses More Cyber Thefts, Pressures Banks on Security

By Jim Finkle Aug 31- SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its member banks as it pressured them to comply with security procedures instituted after February’s high-profile $81 million heist at Bangladesh Bank. In a private letter to clients, SWIFT said that new cyber-theft attempts – some of

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