New York Federal Reserve Archives | Hacked: Hacking Finance

Hacked: Hacking Finance


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Bangladesh Bank, NY Fed Reserve Nearly See a Billion-Dolllar Cyber Heist

Posted on March 14th, 2016.

Bangladesh’s central bank has admitted that its account at the U.S. Federal Reserve in New York has been targeted in a hack which saw $100 million stolen in a cyber heist. It could have been a lot worse however, with transactions totaling another $870 million were blocked in a potential billion dollar cyber heist. It is among the largest...

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