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US warns banks on cyber threat after Bangladesh Bank heist

Thursday, June 9, 2016 - 05:50

A hacking group used fraudulent money transfer messages to steal US$81m from the Bangladesh central bank.

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

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