Industry Reactions to Bangladesh Bank Hack: Feedback Friday

Cybercriminals stole millions of dollars from Bangladesh’s central bank and they managed to cover their tracks by using custom malware that targeted the SWIFT interbank messaging system.

The attackers transferred $101 million from the Bangladesh Bank’s account at the Federal Reserve Bank of New York before their operation was shut down by the financial institution, and $81 million sent to the Philippines are still missing.

Read More Securityweek