Bangladesh Central Bank news and trends

Philippine DOJ Wants Former Bank Manager Charged In Bangladesh Heist
International // September 08, 2017

The Department of Justice in the Philippines has recommended that charges be lodged against a former bank manager who allegedly helped launder millions of dollars that were stolen from the central bank of Bangladesh in 2016. According to a report in Reuters, the DOJ in...

Bangladesh Central Bank Continues Heist Recovery Efforts In Philippines
Security & Fraud // September 05, 2017

In continued efforts tied to an investigation of $81 million stolen from Bangladesh’s central bank, the entity is sending officials to the Philippines to try to recover additional funds. The $81 million lost to thieves takes its place among the largest amounts pilfered through cybercrime,...

Bangladeshi Bank Officials May Have Participated In Heist
Security & Fraud // December 13, 2016

The ongoing investigation into identifying the hackers who stole nearly $81 million from the central bank of Bangladesh has taken a new twist. The latest developments, reported exclusively by Reuters, are that some Bangladesh central bank officials are believed to have purposely exposed the financial institution’s...

$81M Stolen In Cyberhack Partly Retrieved By Bangladesh
Security & Fraud // November 14, 2016

Nine months after $81 million was stolen from Bangladesh’s central bank via its account with the New York Federal Reserve, the nation has retrieved roughly a third of that tally, or about $15.3 million. Reuters reported that authorities in the Philippines have shifted the money...

Quick Reads
Sony Hack Programmer Charged With Cybercrime Conspiracy

September 07, 2018
The U.S. Justice Department announced that it has charged North Korea’s Park Jin Hyok (박진혁; aka Jin Hyok Park and Pak Jin Hek) for his involvement in multiple cyberattacks around the world. The complaint alleges that Park was a member of the government-sponsored  “Lazarus Group,” and worked for a North Korean government front company, Chosun […]

Philippine DOJ Wants Former Bank Manager Charged In Bangladesh Heist

September 08, 2017
The Department of Justice in the Philippines has recommended that charges be lodged against a former bank manager who allegedly helped launder millions of dollars that were stolen from the...

Bangladesh Central Bank Continues Heist Recovery Efforts In Philippines

September 05, 2017
In continued efforts tied to an investigation of $81 million stolen from Bangladesh’s central bank, the entity is sending officials to the Philippines to try to recover additional funds. The...

Bangladeshi Bank Officials May Have Participated In Heist

December 13, 2016
The ongoing investigation into identifying the hackers who stole nearly $81 million from the central bank of Bangladesh has taken a new twist. The latest developments, reported exclusively by Reuters,...