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Bangladesh team to meet Federal Reserve Bank reps in New York on cyber theft issue

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ANI Dhaka/New York
Last Updated : Aug 17 2016 | 12:42 PM IST

The Government of Bangladesh will soon be sending a team to New York to interact with the Federal Reserve Bank of New York, the Federal Bureau of Investigation and the US Department of Justice in connection with the cyber theft of USD 81 million from the Bangladesh Central Bank in February thsi year.

The Dhaka Tribune quoted sources, as saying that the meetings would discuss what led to the heist, carried out by unidentified hackers, and how such events can be prevented in the future.

In one of the largest cyber heists ever, hackers penetrated Bangladesh Bank's systems and sent the New York branch of the US central bank dozens of payment requests from an account it maintained for Bangladesh.

They sought nearly USD one billion, and USD 81 million was paid out and lost.

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First Published: Aug 17 2016 | 12:42 PM IST

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