Saturday, 19 March 2016

The Dhaka caper

From The Economist -

“Online thieves unseat the governor of Bangladesh’s central bank.

It was audacious as any heist and yet unlikely material for a Hollywood blockbuster. Hackers masquerading as officials from Bangladesh’s central bank asked the New York branch of the Federal Reserve to transfer nearly $1 billion to private bank accounts in Sri Lanka and the Philippines. By the time authorities cottoned on, $101m had been nicked. On March 15th Atiur Rahman, the governor of Bangladesh’s central bank, took the blame and resigned.”

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