How A Hacker's Typo Helped Stop A Billion Dollar Bank Heist
DHAKA, March 10 (Reuters) - A spelling mistake in an online bank transfer instruction helped prevent a nearly $1 billion heist last month involving the Bangladesh central bank and the New York Fed, banking officials said.
Unknown hackers still managed to get away with about $80 million, one of the largest known bank thefts in history.
The hackers breached Bangladesh Bank's systems last month and stole its credentials for payment transfers, two senior Bangladesh Bank officials said.
They then bombarded the Federal Reserve Bank of New York with nearly three dozen requests to move money from the Bangladesh bank's account there to entities in the Philippines and Sri Lanka, the officials said.
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