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.

Bangladesh central bank evaluating potential lawsuit against NY Fed

In an internal incident report which surfaced...