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Bangladesh Bank heist was 'state-sponsored': U.S. official

Black_cats

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MARCH 29, 2017 / 4:21 AM / A YEAR AGO
Bangladesh Bank heist was 'state-sponsored': U.S. official

https://www.reuters.com/article/us-...as-state-sponsored-u-s-official-idUSKBN1700TI

Reuters Staff

MANILA (Reuters) - The heist of $81 million from the Bangladesh central bank’s account at the New York Federal Reserve last year was “state-sponsored,” an FBI officer in the Philippines, who has been involved in the investigations, said on Wednesday.


Lamont Siller, the legal attache at the U.S. embassy in the Philippines speaks during a cyber security forum in Manila, Philippines March 29, 2017. REUTERS/Karen Lema
Lamont Siller, the legal attache at the U.S. embassy, did not elaborate but his comments in a speech in Manila are a strong signal that authorities in the United States are close to naming who carried out one of the world’s biggest cyber heists.

Last week, officials in Washington, speaking on condition of anonymity, blamed North Korea.


“We all know the Bangladesh Bank heist, this is just one example of a state-sponsored attack that was done on the banking sector,” Siller told a cyber security forum.

An official briefed on the probe told Reuters in Washington last week that the FBI believes North Korea was responsible for the heist. The official did not give details.

The Wall Street Journal reported U.S. prosecutors were building potential cases that would accuse North Korea of directing the heist, and would charge alleged Chinese middlemen.

The FBI has been leading an international investigation into the February 2016 heist, in which hackers breached Bangladesh Bank’s systems and used the SWIFT messaging network to order the transfer of nearly $1 billion from its account at the New York Fed.


Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. REUTERS/Ashikur Rahman/File Photo
The U.S. central bank rejected most of the requests but filled some of them, resulting in $81 million being transferred to bank accounts in the Philippines. The money was quickly withdrawn and later disappeared in the huge casino industry in the country.

There have been no arrests in the case.

A Chinese casino owner in the Philippines told that Senate inquiry he took millions of dollars from two Chinese high-rollers in February. He said the two men were responsible for transferring the stolen money from Dhaka to Manila.


Philippine investigators have filed criminal charges against several individuals and a remittance company for money laundering in connection with the heist at the country’s Department of Justice (DOJ).

None of these cases have yet been filed in court, however.

Siller said the FBI was working closely with the Philippines government “to ensure those responsible for the attack do not go unpunished.”

“So for us in the FBI, it is never over. We are going to bring these individuals to justice so that we can show others, that you maybe be able to muster such attacks, even state-sponsored, but you will not get away with it in the end.”

Reporting by Karen Lema; Editing by Raju Gopalakrishnan
 

Irfan Baloch

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BUSINESS NEWS
MARCH 29, 2017 / 4:21 AM / A YEAR AGO
Bangladesh Bank heist was 'state-sponsored': U.S. official

https://www.reuters.com/article/us-...as-state-sponsored-u-s-official-idUSKBN1700TI

Reuters Staff

MANILA (Reuters) - The heist of $81 million from the Bangladesh central bank’s account at the New York Federal Reserve last year was “state-sponsored,” an FBI officer in the Philippines, who has been involved in the investigations, said on Wednesday.


Lamont Siller, the legal attache at the U.S. embassy in the Philippines speaks during a cyber security forum in Manila, Philippines March 29, 2017. REUTERS/Karen Lema
Lamont Siller, the legal attache at the U.S. embassy, did not elaborate but his comments in a speech in Manila are a strong signal that authorities in the United States are close to naming who carried out one of the world’s biggest cyber heists.

Last week, officials in Washington, speaking on condition of anonymity, blamed North Korea.


“We all know the Bangladesh Bank heist, this is just one example of a state-sponsored attack that was done on the banking sector,” Siller told a cyber security forum.

An official briefed on the probe told Reuters in Washington last week that the FBI believes North Korea was responsible for the heist. The official did not give details.

The Wall Street Journal reported U.S. prosecutors were building potential cases that would accuse North Korea of directing the heist, and would charge alleged Chinese middlemen.

The FBI has been leading an international investigation into the February 2016 heist, in which hackers breached Bangladesh Bank’s systems and used the SWIFT messaging network to order the transfer of nearly $1 billion from its account at the New York Fed.


Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. REUTERS/Ashikur Rahman/File Photo
The U.S. central bank rejected most of the requests but filled some of them, resulting in $81 million being transferred to bank accounts in the Philippines. The money was quickly withdrawn and later disappeared in the huge casino industry in the country.

There have been no arrests in the case.

A Chinese casino owner in the Philippines told that Senate inquiry he took millions of dollars from two Chinese high-rollers in February. He said the two men were responsible for transferring the stolen money from Dhaka to Manila.


Philippine investigators have filed criminal charges against several individuals and a remittance company for money laundering in connection with the heist at the country’s Department of Justice (DOJ).

None of these cases have yet been filed in court, however.

Siller said the FBI was working closely with the Philippines government “to ensure those responsible for the attack do not go unpunished.”

“So for us in the FBI, it is never over. We are going to bring these individuals to justice so that we can show others, that you maybe be able to muster such attacks, even state-sponsored, but you will not get away with it in the end.”

Reporting by Karen Lema; Editing by Raju Gopalakrishnan
dd ISI do that or was it Hafiz Saeed? the robbers must have left their signed photos there
 

Irfan Baloch

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Did you even read the article before croaking out your usual rant?
I skimmed though the article , its being blamed on far eastern group that allegedly used up cash in casino.
my "croaking rant" was at the expense of own country
I didn't question the validity of Vedic knowledge or the average of Manhood size of Indian web commandos .

Economic Terrorism Hasina style
she is busy bulling the Bangladeshis who still hold love for Pakistan
 

El Sidd

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I skimmed though the article , its being blamed on far eastern group that allegedly used up cash in casino.
my "croaking rant" was at the expense of own country
I didn't question the validity of Vedic knowledge or the average of Manhood size of Indian web commandos .


she is busy bulling the Bangladeshis who still hold love for Pakistan
Bangladesh needs her
 

El Sidd

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you take it easy.

don't be so defensive


well she is an insecure person and this stance suits her well being and specially appeals to her RSS ally on the western side.
I really dont care.

If we deserve Bhutto Zardari Nawaz and Altaf Imran. They deserve their looters and pillagers too.

If Mujib was not killed he would have been the modern Tipu Sultan. Who killed Mujib? They themselves like Indians killed Gandhi.

Let people embrace their own fate and focus on yours.

You will find peace. Its my promise.
 

Homo Sapiens

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Did you even read the article before croaking out your usual rant?
Pakistani posters here just saw this 2 words 'state sponsored' by the angle of their eyes and could not wait to jump into usual abusive rants on Sheikh Hasina. Do you want any classic example of desperation to put down some one disliked? Just look at this thread.:lol::lol:
 

Salza

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FBI believes that NK carried out state sponsored cyber attack on the bank while Hasina's bengalis will blame it on ISI since Modi says so o_O
 

T-Rex

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Pakistani posters here just saw this 2 words 'state sponsored' by the angle of their eyes and could not wait to jump into usual abusive rants on Sheikh Hasina. Do you want any classic example of desperation to put down some one disliked? Just look at this thread.:lol::lol:

Of course hasina is in no way connected to this robbery. Aliens from Mars did it, she just appointed one of those aliens as the governor of the Bangladesh Bank. In the meantime her IT expert son was busy playing high stake poker game in the casinos of Las Vegas.
 

Neptune_

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Pakistani posters here just saw this 2 words 'state sponsored' by the angle of their eyes and could not wait to jump into usual abusive rants on Sheikh Hasina. Do you want any classic example of desperation to put down some one disliked? Just look at this thread.:lol::lol:
Did u expect anything different from them? After all they had the misfortune of having Nawaz Sharif as their prime minister. :lol: :lol:

Did you even read the article before croaking out your usual rant?
Why r u so heartless man. They r going through a lot of trouble of late. Let them have some fun at least :cheesy:
 

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