US warns banks on cyber threat after Bangladesh Bank heist
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
US regulators on Tuesday told banks to review cyber-security protections against fraudulent money transfers in the wake of revelations that a hacking group used such messages to steal US$81 million from the Bangladesh central bank.
The notice from the Fed and other financial regulators came two weeks after the US Federal Bureau of Investigation privately urged banks to look for signs of possible cyber attacks. That report asked them to hunt for technical clues that they have been targeted by the same group, according to a notification seen on Tuesday by Reuters.
Share with us your feedback on BT's products and services
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
