The incredible but effective technique of this group of hackers to steal millions of dollars from Bangladesh Bank.
Around the world and in Argentina hundreds of people are known. stories of robberies and crimes that could have been perfect, but failed by human error. Whether by forgetting crucial evidence at the scene, by ratting out a colleague, or by not knowing the systems well of security they faced.
However, the attempted cyber theft at Bangladesh Bank It had an added note of luck. Although the thieves managed to get hold of some good 80 million dollarsthe plan was to steal a much higher amount, but acting quickly banking algorithm I thwarted the robbery.
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The attempted robbery of the National Bank of Bangladesh
The cyber attack on Central Bank of Bangladesh In 2016 it was one of the biggest robberies in history. The cybercriminals managed to infiltrate the bank’s system using sophisticated malware and obtained the necessary credentials to access the system. SWIFT financial messaging. The attack took place just before the country’s weekend, allowing the attackers to quickly make transfers undetected. They sent 35 transfer requests from the Bangladesh Bank account at the New York Federal Reserve to various bank accounts in the Philippines and Sri Lanka. Although most of the requests were blocked, five managed to slip through unnoticed, resulting in the shipment of 81 million dollars.
The theft was discovered thanks to a spelling mistake on one of the applications, which led to additional review and detection of fraud. Fortunately, most of the money was recoveredbut the incident underscored the vulnerability of financial systems to cyberattacks.
What happened to the criminals
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Promon
As for the criminals behind the attack, the group known as Lazarus was responsible for the robbery. This is a group of cybercriminals based in North Koreaknown for its attacks on financial institutions and companies around the world. They are known to be responsible for several cyber attacks since 2009 and it is known that they had had a lot of time to plan all this, because they had been lying in wait within computer systems of Bangladesh Bank for one year.
In January 2015, they sent a harmless looking email to several employees of the financial institution. It came from a job seeker who called himself Rasel Ahlam. His polite inquiry included an invitation to download his CV and cover letter from a website. At least one person inside the bank fell into the trap, downloaded the documents and got infected with hidden viruses inside.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
