Top Democratic senator probes SWIFT, NY Fed about Bangladesh heist


  • TECH
  • Friday, 20 May 2016

Briefing requested: SWIFT and the Federal Reserve Bank of New York need to explain what has been done since the February heist.

The Senate Homeland Security Committee's top Democrat sought information on Thursday from global financial network SWIFT and the Federal Reserve Bank of New York on steps being taken to bolster cybersecurity in the wake of the theft of US$81mil (RM330.4mil)  from the central bank of Bangladesh.

Senator Tom Carper of Delaware requested that both answer questions and brief his staff by June 17 on how they were handling issues following the February heist, during which hackers wired money out of an account at the New York Fed held by Bank Bangladesh, as well as how they were safeguarding against other potential cyber threats.

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