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Technology 02 Jun 2016 | 5:38 AM

Fed records show dozens of cybersecurity breaches

The US Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, with several incidents described internally as "espionage," according to Fed records.

TECH 09 May 2016 | 5:21 AM

Before massive Bangladesh heist, New York Fed feared such cyberattacks

In the years before hackers stole US$81mil (RM324.04mil) from a Bangladesh central bank account at the Federal Reserve Bank of New York, senior Fed security officials examined the risk of such an attack – but judged the prospect unlikely, bank sources told Reuters.

Technology 18 Aug 2016 | 10:24 AM

NY Fed, Bangladesh central bank to resume normal money transfers: sources

The Federal Reserve Bank of New York and Bangladesh's central bank have agreed to withdraw additional payment security measures put in place after one of the world's biggest cyber heists, the theft of US$81mil from Bangladesh Bank's account at the Fed, sources said.

TECH 23 Mar 2016 | 6:34 AM

Bangladesh Bank weighs lawsuit against NY Fed over hack

Bangladesh's central bank has hired a US lawyer for a potential lawsuit against the Federal Reserve Bank of New York after hackers stole US$81mil (RM323.78mil) from its account with the NY Fed.

TECH 12 Jul 2016 | 7:05 AM

NY Fed, Bangladesh Bank meeting on heist postponed: sources

A meeting between Bangladesh central bank officials and the New York Federal Reserve scheduled for this week to speed up efforts to recover US$81mil (RM323mil) stolen from Bangladesh Bank's account at the Fed has been postponed.

Technology 21 Jun 2016 | 9:12 AM

Bangladesh central bank officials to meet New York Fed over stolen funds

Bangladesh central bank officials will hold a meeting with the New York Federal Reserve next month to try and speed up efforts to recover US$81mil (RM326.40mil) stolen by hackers from its account at the Fed, officials in Dhaka said.

Technology 09 Mar 2016 | 4:08 AM

New York Fed says followed normal rules after lost Bangladesh funds

The Federal Reserve Bank of New York said that it followed normal procedures in transmitting funds that Bangladesh's central bank has said were stolen by cyber criminals from its Fed account.

TECH 23 Sep 2015 | 3:57 PM

Indian typist ‘fed up’ after abuse image goes viral

An Indian who became an overnight star when an image of a policeman kicking his typewriter went viral has said he is fed up with all the attention – and just wants to go back to typing letters.

Technology 22 Jul 2016 | 9:13 AM

How the New York Fed fumbled over the Bangladesh Bank heist

Jupiter. That single word, by a stroke of luck, helped stop the Federal Reserve Bank of New York from paying nearly US$1bil (RM4.05bil) to the cybercriminals behind a notorious bank heist earlier this year, according to sources familiar with the incident.

TECH 06 Jun 2016 | 2:20 AM

NY Fed first rejected cyber-heist transfers, then moved US$81mil

Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send US$81mil (RM330.7mil) from a Bangladesh Bank account to cyber thieves.