US Federal Reserve

Pierluigi Paganini March 24, 2017
US blames North Korea for the $81 million Bangladesh cyber heist

US federal prosecutors speculate the involvement of North Korea in the cyber heist of $81 million from Bangladesh’s account at the New York Federal Reserve Bank. The news was reported by The Wall Street Journal, prosecutors suspect the involvement of Chinese middlemen who helped the Government of Pyongyang to organize the cyber theft. In February 2016, unknown hackers transferred […]

Pierluigi Paganini September 01, 2016
SWIFT discloses more cyber attacks on its bank members and urges more security

SWIFT discloses more attacks against banks worldwide, pressures banks on security and urged member banks to implement the new SWIFT software by November 19. In the last months, a worrisome string of attacks against banks worldwide through the SWIFT system has alarmed the banking industry. The so-called “SWIFT hackers” have conducted multiple cyber attacks against […]

Pierluigi Paganini May 27, 2016
A fourth bank hit by SWIFT hackers, are they backed by the DPRK

A fourth Bank in Philippines was a victim of the SWIFT hackers and experts at Symantec confirmed the malware shares code with tools used by the Lazarus group. The list of banks victims of the SWIFT hackers is lengthening, a fourth bank in the Philippines has been a victim of the crew that targeted the SWIFT interbank transfer system. […]

Pierluigi Paganini May 21, 2016
A third bank was a victim of cyber heist that involved the SWIFT

The Ecuador Bank Banco Del Austro of Cuenca was hacked by threat actors that once again involved the SWIFT systems to stole $12 Million. A third bank was the victim of a cyber heist, the Ecuador Bank was hacked by threat actors that targeted the SWIFT systems and stole $12 Million. In  February hackers have stolen $81 Million from the […]

Pierluigi Paganini May 13, 2016
SWIFT announced that a second bank was a victim of cyber heist

The SWIFT announced that a second commercial bank was a victim of a cyber heist, the crime appears to be part of a broad online attack on global banking. A second malware-based attack hit the SWIFT (Society for Worldwide Interbank Financial Telecommunications) system. The news was spread by the SWIFT on Thursday, the attack has many similarities with […]

Pierluigi Paganini April 25, 2016
Bangladesh Bank heist gang used a malware and could strike again

A report published by the BAE firm reveals that criminals who stole $101 million from Bangladesh bank used a malware and could strike again. In March 2016, unknown hackers have stolen more than $100 million from the Bangladesh Bank account at the US Federal Reserve Bank. The experts confirmed that hackers breached the systems at […]

Pierluigi Paganini April 24, 2016
Bangladesh Bank hacked due to inadequate defense systems

Investigators discovered that the hackers managed to gain access to the Bangladesh Bank network because it was using second-hand switches and no firewall. In  March, unknown hackers have stolen more than $100 million from the Bangladesh Bank account at the US Federal Reserve Bank. Now new disconcerting news regarding the Bangladesh bank is in the headlines. According […]

Pierluigi Paganini March 13, 2016
Reuters – Malware suspected in the Bangladesh central bank heist

Investigators suspect the attackers behind the Bangladesh central bank ‘s hack have used a malware to gather information for the Fed’s heist. One of most intriguing stories this week is the hack of the Bangladesh account at the Federal Reserve Bank of New York. The Bangladesh’s Finance Minister Abul Maal Abdul Muhith accused the U.S. Federal Reserve of […]

Pierluigi Paganini March 12, 2016
Typos stopped hackers stealing $1bn from Federal Reserve Bangladesh account

Hackers who allegedly infiltrated the Federal Reserve Bangladesh’s account were attempting to steal almost $1 billion, but typos thwarted the plan. This week the principal news agencies shared the news of the hack of the Bangladesh account at the Federal Reserve Bank of New York. The Bangladesh’s Finance Minister Abul Maal Abdul Muhith accused the U.S. Federal […]

Pierluigi Paganini March 09, 2016
Bangladesh says hackers stole $100 Million from its US Federal Reserve account

Unknown hackers have stolen more than $100 million from the Bangladesh Bank account at the US Federal Reserve Bank. According to Bloomberg, the Bangladesh’s Finance Minister Abul Maal Abdul Muhith is accusing the U.S. Federal Reserve for the theft of at least $100 million stolen from the Bangladesh’s account. Bangladesh is threatening the US for a legal […]