Researchers uncover details of ‘sophisticated’ Bangladesh Bank hack

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Hackers worked hard to keep Bangladesh Bank staff in the dark

Researchers at BAE Systems have made what appears to be a major breakthrough in understanding the February cyber attacks on Bangladesh Bank that saw $101 million stolen from its account with the New York Fed.

The BAE team came across tools recently uploaded to an online malware repository by a user in Bangladesh. The particular code was designed to run until February 6, and the thefts are believed to have taken place in the two days before.

The files reveal how the hackers were able to

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Combatting the ever-changing cyber threats in banking

Seemanta Patnaik, co-founder and chief technology officer at SecurEyes, discusses the continually evolving challenges and threats, and possible solutions to remain resilient to cyber attacks in today’s central banking environment.

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