bb account hacking
Reducing cyber risk of banks
Guidelines on Internal Control & Compliance for Banks were issued by the central bank on March 8, 2016, which recommended the commercial banks to take insurance as a risk mitigation measure. Such insurances are not over-the-counter products, and must be customised as per each bank's unique exposures.
BB Cyber Heist / $46m flew into Manila casinos
More than half of the $81 million Bangladesh Bank's money, which ended up in the Philippines through hacking, went to local casinos
Reducing cyber risk of banks
Guidelines on Internal Control & Compliance for Banks were issued by the central bank on March 8, 2016, which recommended the commercial banks to take insurance as a risk mitigation measure. Such insurances are not over-the-counter products, and must be customised as per each bank's unique exposures.
$46m flew into Manila casinos
More than half of the $81 million Bangladesh Bank's money, which ended up in the Philippines through hacking, went to local casinos