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December 8, 2017 06:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/mqOvPW_LpxM/bangladesh-bank-ny-fed-discuss-suing-manila-bank-for-heist-damages
Bangladesh Bank, NY Fed Discuss Suing Manila Bank For Heist Damages
An anonymous reader shares a report: Bangladesh's central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world's biggest cyber-heists, several sources said. The Fed is yet to respond formally, but there is no indication it would join the suit. Unidentified hackers stole $81 million from Bangladesh Bank's account at the New York Fed in February last year, using fraudulent orders on the SWIFT payments system. The money was sent to accounts at Manila-based Rizal Commercial Banking Corp and then disappeared into the casino industry in the Philippines.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/mqOvPW_LpxM/bangladesh-bank-ny-fed-discuss-suing-manila-bank-for-heist-damages
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