Bangladesh Central Bank
23Mar

Bangladesh Central Bank Eyes Suit Against NY Fed For Cyber-Heist

The story involves the Bangladesh central Bank, The Fed, a $81 million cyber heist, which would have been $1B if not for a typo - it sounds like a movie but it is a real story...

Bangladesh's central bank is considering filing a lawsuit against the Federal Reserve Bank of New York after hackers succeeded in stealing $81 million from its account. Following one of the largest cyber-heists in history, Atiur Rahman resigned as the governor of the central bank.

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Author

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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