Categories: News

Pakistani hackers allegedly involved in $80 million Bangladesh Bank steal

The investigation into the $80 million Bangladesh central bank heist has revealed the participation of atleast 3 hacker groups in the attack, one which claimed to be based in Pakistan.

FireEye Inc., the company hired by the bank to conduct the forensics investigation, has now revealed some alarming evidence about the mega-heist. According to them, three hacking groups were part of it; one from North Korea, the other from Pakistan and the third one, which is allegedly the main culprit, is still unknown.

FireEye Inc. hasn’t found enough data to determine whether the third group, the actual culprit, was a criminal network or the agent of another nation.

The U.S. Federal Bureau of Investigation(FBI) also suspects that there was some insider involvement, allowing direct access to the computers at the Bangladesh central bank but there has been no solid evidence to back this theory.

Bloomberg tried contacting the spokesmen for Pakistan’s interior and information technology ministries and even tried to contact North Korea’s delegation to the United Nations but didn’t get any response.

One of the biggest cyber heists in history, the blame for the heist was initially placed on the bank itself for using cheap $10 routers. However, hacking the routers, breaking into the bank system and managing to carry out such a high-scale robbery still took a lot of work. To make it even more interesting, this heist could have been one of the biggest heist ever costing the bank nearly $1 billion, if it were not for a simple spelling typo on the hacker’s behalf.

With all the elements of a classic Hollywood movie, it is yet to be seen if the culprits are caught in the end or not.

Source-Bloomberg

Sponsored
Rehan Ahmed

I cover startups, review gadgets and talk about latest developments in the technology industry. Get in touch through rehan@techjuice.pk.

Leave a Comment
Share
Published by
Rehan Ahmed
Tags: slider

Recent Posts

Indian Army Granted Authority to Directly Takedown Social Media Content

The Indian Army has been granted direct authority to manage social media content concerning its…

8 hours ago

NUST Achieves Global Recognition with 43 Researchers Among World’s Top 2% Scientists

In an extraordinary accomplishment for Pakistani academia, 43 researchers from the National University of Sciences…

9 hours ago

Khyber Pakhtunkhwa Govt Ready to Acquire PIA with Bid Exceeding Rs10bn

The Khyber Pakhtunkhwa (KP) government has officially informed the federal government of its intention to…

10 hours ago

PTA Cautions Public on Illegal and Unlicensed Forex Trading Platforms

The Pakistan Telecommunication Authority (PTA) has issued a stern advisory, warning citizens against investing in…

10 hours ago

Record Emigration: Economic Instability Forces Pakistan’s Best and Brightest to Depart

Economic challenges are prompting skilled workers to leave Pakistan, resulting in a significant talent drain…

13 hours ago

Russia’s Fine on Google Exceeds World’s Economy

A Russian court has fined Google for blocking state-run media channels on YouTube, imposing a…

1 day ago