You have searched for "Fed"
Showing 1-10 of 355
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.
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.
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.
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.
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.
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.
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.
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.
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.