Showing posts with label fraud. Show all posts
Showing posts with label fraud. Show all posts

Saturday, April 23, 2016

Bangladesh Bank not electronically secure

Bangladesh Bank exposed to hackers by cheap switches, no firewall: cops

The big-money electronic heist that scourged the country has identified some basic shortcomings of the Bangladesh Bank itself, which contributed to the international siphoning. The shocking absence of a Firewall security to prevent cyber attacks. Furthermore, cheap USD $10 switches to network computers in turn connected to the SWIFT global payment network has piled up lax security.