Thursday 12 May 2016
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16:24:00

FBI Suspects Insider Involvement For $81 Million Theft From Bangladesh Central Bank

FBI Suspects Insider Involvement For $81 Million Theft From Bangladesh Central Bank


FBI Suspects Insider Involvement For $81 Million Theft From Bangladesh Central Bank.

On Tuesday, the Wall Street Journal stated that the US Federal Bureau of Investigation believes on the computer hacking theft of $81 million from the Central Bank of Bangladesh was part of an inside job.

  • SWIFT was not responsible for any of the issues cited by the officials, or party to the related decisions," it said in a statement.
  • Approx $20 Million officially recovered.
  • During Investigating the Case have found evidence pointing to at least one bank employee acting as an accomplice." said by Journal.

Extracting sources are similar with the matter that’s why the Journal said to the FBI agents for investigating the case "have found evidence pointing to at least one bank employee acting as an accomplice."

But it added that "a handful of others" that may have also supported the hackers in cracking the security of computers of Bangladesh Bank.

The magnificent cyber-theft has uncomfortable the government in Dhaka that pointed out in the bankrupt country and also increased the alarm over the security of the global communications that is used to linking the central banks.

Hackers made-up the official electronic conveys the orders to transfer the money from the account of Bangladesh Bank with the Federal Reserve Bank of New York in February and send it to the accounts in the Philippines, where it would be vanished as in part by the casino industry of Philippines.

But the New York branch of the US central bank blocked many of the fake transfer orders when it established that protecting the theft from skyrocketing up to the $1 billion.

The participation of the New York Fed has brought the FBI into this case except the Fed is not being sighted as responsible.

Independently, the transfers network of global financial such as – SWIFT on Monday reject the accusations report by Bangladesh police as well as the officials of the bank that it was to take responsibility for low-security protections.

And it is said in a statement that "SWIFT was not responsible for any of the issues cited by the officials, or party to the related decisions.”

And also added that" As a SWIFT user like any other, Bangladesh Bank is responsible for the security of its own systems interfacing with the SWIFT network and their related environment - starting with basic password protection practices -- in much the same way as they are responsible for their other internal security considerations."

Officially SWIFT said that on May 10 there would be the conference with the council of Bangladesh Bank as well as with the New York Fed in Basel.

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