North Korea linked to Bangladesh Bank heist

Report connects North Korea with Bangladesh $1 billion heist

A leading cyber-security firm has drawn a direct link between North Korea and the Bangladesh Bank heist, claiming orders came from an IP address within the borders of the communist nation.

Russia-based software company Kaspersky Lab published a report on April 3, detailing the events of the heist in February 2016. The researchers attributed the theft to hacking group Lazarus, whose ‘Bluenoroff’ team launched malware to gain access to secure systems.

“Seeing [its] IP in the C2 log does make

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account