cyber attack

Unprecedented cyberattacks wreak global havoc

Cyber security experts rush to restore systems after an unprecedented global wave of cyberattacks that strike targets ranging from Russia's banks to British hospitals and a French carmaker's factories.
13 May 2017, 11:00 AM

More evidence NKorea linked to Bangladesh Bank cyber heist: Kaspersky Lab

Cyber security firm Kaspersky Lab says it has obtained digital evidence that bolsters suspicions by some researchers that North Korea was involved in last year's $81 million cyber heist of the Bangladesh central bank's account at the Federal Reserve Bank of New York.
4 April 2017, 04:44 AM

Pakistan passes controversial cyber-crime law

Pakistan has adopted a much-criticised cyber security law that grants sweeping powers to regulators to block private information they deem illegal. The National Assembly approves the Prevention of Electronic Crimes Bill 2015 after the Senate had unanimously adopted it last month.
13 August 2016, 04:48 AM

Spooked by Bangladesh heist, Asian security summit works on cybersecurity

Alarmed by the theft of $81 million from Bangladesh's central bank in February, one of the world's biggest ever cyber heists, cybersecurity is among the top concerns discussed at Singapore's annual Shangri-La Dialogue Asian security summit. For the first time, the conference allots one of its six special sessions to cybersecurity.
5 June 2016, 13:40 PM

SWIFT to unveil new security plan after BB heist

The SWIFT secure messaging service that underpins international banking says it is planning to launch a new security programme as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist.
24 May 2016, 06:37 AM

Bangladesh Bank heist trail goes cold in Manila as probes falter

More than three months have passed since $81 million was stolen in a brazen cyber-heist from Bangladesh's central bank and sent to Manila - yet authorities in the Philippines appear no closer to nabbing those who laundered most of the money through a bank and casinos.
24 May 2016, 04:54 AM

Digital noose to be tightened further

Anyone spreading negative propaganda against the Liberation War or the Father of the Nation, using digital devices, will risk being sentenced to life in prison, according to the draft of a new law. The draft of Digital Security Act-2016 also stipulates two-year imprisonment for "deliberately" defaming someone or hurting anyone's religious sentiment by publishing or broadcasting something through digital devices.
19 May 2016, 18:00 PM

Cyber attackers target US presidential campaigns: official

Cyber attackers are targeting the campaigns of Democratic and Republican presidential contenders, US Director of National Intelligence James Clapper said Wednesday.
19 May 2016, 09:22 AM

Dhaka bank sent 3 urgent messages

Three messages sent by the Bangladeshi central bank to the Rizal Commercial Banking Corp. (RCBC) on the morning of February 9, alerting the Yuchengco-controlled financial institution to the dubious provenance of the $81 million that was later revealed to be the largest money laundering caper in Philippine history.
13 April 2016, 05:33 AM

Reducing cyber risk of banks

Guidelines on Internal Control & Compliance for Banks were issued by the central bank on March 8, 2016, which recommended the commercial banks to take insurance as a risk mitigation measure. Such insurances are not over-the-counter products, and must be customised as per each bank's unique exposures.
23 March 2016, 18:00 PM

BB's Achilles' heel

Cyber thieves might have found it easier to break into the Bangladesh Bank system after its local area network (LAN) was connected with its SWIFT operation, according to central bankers and investigators.
21 March 2016, 18:00 PM

Confusion, panic order of the day

Confusion and panic was the order of the day at the Bangladesh Bank yesterday, a day after its governor Atiur Rahman stepped down and two deputy governors were removed hastily amid strong criticism over the central bank's handling of the $101 million cyber theft.
16 March 2016, 18:00 PM

BB installing monitoring software

To stop any further hacking of its network, Bangladesh Bank is installing monitoring software on all its computers that would instantly
12 March 2016, 18:00 PM

‘49% Bangladeshi school pupils face cyberbullying’

A global mobile phone giant finds that 49 percent of school students in Bangladesh are victims of cyber bullying in a way or the other, revealing that young people are increasingly becoming vulnerable to such harassment.
9 February 2016, 12:20 PM

Ban on Facebook to be lifted soon: Palak

State Minister for ICT Division Junaid Ahmed Palak today said that the ban imposed on Facebook on security grounds would be lifted very soon for ensuring access to those who use the social networking site.
3 December 2015, 09:30 AM

Teenagers feel helpless to cyber-crime: Study

About 70 percent of the high school students using internet facility in Bangladesh say they feel helpless in face of cyber-crimes, a study reveals.
28 November 2015, 14:54 PM

NSA warns of state cyber-attack risk

The deputy director of the US National Security Agency (NSA), Richard Ledgett, warns of the increasing danger of destructive cyber attacks by states.
27 October 2015, 05:10 AM

Apple hit by cyber attack in China

Apple says it is taking steps to remove a malicious program found in a number of applications used by owners of iPhones and iPads in China.
21 September 2015, 05:22 AM