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Plenty Of Blame To Go Around When $81 Million Goes Missing

Bangladesh’s central bank governor knows what we're talking about.
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While the New York Fed, where the Bangladeshi money was housed until it was rather spectacularly relocated to a number of Filipino casinos, isn’t taking its responsibility for the cyberheist terribly seriously, back in Dhaka someone was going to have to fall on their sword over the matter.

Bangladesh’s central bank governor Atiur Rahman said on Tuesday he had resigned after $81 million was stolen from the bank's account at the New York Fed in one of the largest cyber heists in history….

Rahman's resignation came days after the Bangladesh finance minister said the central bank did not inform him about the heist, and that he learned of it only a month later when news first appeared in the media….

The New York Fed has said its systems were not breached, and it has been working with the Bangladesh central bank since the incident occurred.

Bangladesh central bank governor resigns over cyber heist [Reuters]


By Paul Elledge Photography [CC BY-SA 3.0], via Wikimedia Commons

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