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Category: Risk Management
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Hackers’ Billion-dollar Bank Heist Foiled by Type
April 6, 2016
An unknown group of hackers nearly stole $1 billion from the Bangladesh central bank in a cyber heist in February. Though the cyber thieves were discovered, they stole about $80 million before being stopped. According to senior bank officials, the hackers somehow breached Bangladesh Bank’s systems and stole its credentials for payment transfers. The thieves…
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