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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.
SWIFT, a messaging system used by banks across the world, announced further steps to bolster its defences against hackers, after criminals sent fraudulent payment instructions across its network.
Cyberattacks targeting the global bank transfer system have succeeded in stealing funds since February’s heist of US$81mil (RM359.51mil) from the Bangladesh central bank as hackers have become more sophisticated in their tactics, according to SWIFT.
SWIFT, the global bank messaging system, advised clients to pay close attention to security when selecting firms to help them access the network following the release of data that suggested the US government sought to spy on their clients.
A global investor group called for an independent investigation into a cyber breach at the US Securities and Exchange Commission (SEC).
From “citizen science” identifying slavery to drones mapping degraded land, technology and data can help create a “search bar for the planet” and detect and fight all manner of human rights abuses, experts told a conference.
Tattooed models in mustard robes replaced the usual grey-suited bankers at Nordea Bank's Copenhagen headquarters recently, as the Danish bank strutted out its latest attempt to woo young talent.
Standard Chartered Plc is the first major global bank to tell employees not to use Zoom Video Communications Inc during the coronavirus pandemic.