The Billion Dollar Spelling Mistake - Digital criminals digital world
March 18, 2016 5:48 AM Subscribe
Following on from this recent post regarding the Hatton Garden heist with a value thought to be in the region of £35M (~$50M US) comes another Bank heist - this time on an all together much larger scale. Last month hackers thought to have utilised run of the mill script kiddie malware breached weak security controls at the Central Bank of Bangladesh. Multiple transfer requests totalling nearly $1 billion were then sent to the Federal Reserve Bank of New York, allowing $81 million to transfer before one of the routing banks Deutsche Bank queried with CBB after noticing a spelling mistake on a fake end party ; Sri Lankan NGO Shalika Fandation not Foundation. Bank Chairman Atiur Rahman has unsurprisingly quit after trying to hide the loss from the Government and Board of Directors until the story leaked to a newspaper in the Philippines.
This thread has been archived and is closed to new comments