Second Bank hit by Malware attack similar to $81 Million Bangladesh Heist

SWIFT, the global Society for Worldwide Interbank Financial Telecommunications, warned on Thursday of a second malware attack similar to the Bangladesh central bank hack one that led to $81 million cyber heist.

In February, $81 Million cyberheist at the Bangladesh central bank was carried out by hacking into SWIFT, the global financial messaging system that thousands of banks and companies

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Russian Hacker Who Stole From Banks Ordered to Pay $7 Million

A Russian man who spent about 3 years behind bars in the United States has been spared further prison time but ordered to pay $7 Million to cover damages he caused to banks using a vicious computer virus.

Nikita Vladimirovich Kuzmin was arrested in 2010 and imprisoned in August 2011 for developing a sophisticated computer malware called Gozi and infecting more than 1 million computers

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How Did Hackers Who Stole $81 Million from Bangladesh Bank Go Undetected?

In Brief
Investigators from British defense contractor BAE Systems discovered that hackers who stole $81 million from the Bangladesh Central Bank actually hacked into software from SWIFT financial platform, a key part of the global financial system.

The hackers used a custom-made malware to hide evidence and go undetected by erasing records of illicit transfers with the help of compromised

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Bank with No Firewall. That's How Hackers Managed to Steal $80 Million

In Brief
Investigators from the Forensic Training Institute of the Bangladesh investigated the $80 Million bank heist and discovered that the hackers managed to gain access to the network because the Bank was using second-hand $10 network switches without a Firewall to run its network.

When it was reported last month that an unknown hacking group attempted to steal $1 Billion from

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Security Researcher Goes Missing, Who Investigated Bangladesh Bank Hack

Tanvir Hassan Zoha, a 34-year-old security researcher, who spoke to media on the $81 Million Bangladesh Bank cyber theft, has gone missing since Wednesday night, just days after accusing Bangladesh's central bank officials of negligence.



Zoha was investigating a recent cyber attack on Bangladesh's central bank that let hackers stole $81 Million from the banks' Federal Reserve bank account.

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Here's How Hackers Stole $80 Million from Bangladesh Bank

The recent cyber attack on Bangladesh's central bank that let hackers stole over $80 Million from the institutes' Federal Reserve bank account was reportedly caused due to the Malware installed on the Bank's computer systems.



Few days ago, reports emerged of a group of unknown hackers that broke into Bangladesh's central bank, obtained credentials needed for payment transfers from Federal

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How a Typo Stopped Hackers from Stealing $1 Billion from Bank

Typos are really embarrassing, but this time it saved the Bangladesh Central Bank and the New York Federal Reserve by preventing a nearly $1 Billion (£700 Million) heist.

Last month, some unknown hackers broke into Bangladesh's central bank, obtained credentials needed for payment transfers and then transfer large sums to fraudulent accounts based in the Philippines and Sri Lanka. But…

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