Bangladesh Bank at risk of cyber attack

Bangladesh Bank’s central server seems to be at high risk of hacker intrusion and stealing money by placing fraudulent orders as hackers have reportedly installed malware there. The intrusion is not uncommon to us as hackers have penetrated the server before and stole $101 million of Bangladesh Bank that was deposited in New York Fed account in 2016. In March, the Bangladesh Computer Council (BCC) monitored the server for 21 days and found it to be at “high risk” of compromising. The BCC installed a cyber sensor at the data centre under a memorandum of understanding (MoU) to monitor any possible cyber attacks.

Elvis Gomes