Hacked: Hacking Finance

Hacked: Hacking Finance

TagNY Fed


Report: NY Fed Rejected Hackers’ Request Prior to $81 Million Cyberheist

Posted on June 6th, 2016.

 The Federal Reserve Bank of New York had initially blocked hackers’ transfer requests that purported to be from the Bangladesh Central Bank, hours before approving $81 million in one of the largest ever singular cyberheists. It was a fateful February day which saw the New York Federal Reserve approve four fraudulent requests to wire a...