Hackers steal $81 million from a bank having no firewall
Hackers steal $81 million from a Bangladesh’s Bank having no firewall facility in the bank. This is one of the biggest robbery in Bangladesh’s Bank. The theft happened when the hackers got into Bangladesh Bank’s systems and then made dozens of requests from the Federal Reserve Bank of New York to move money from Bangladesh to accounts in the Philippines and Sri Lanka. The transactions were stopped because they made a typo spelling “foundation” as “fandation” which caused a routing bank to question the Bangladesh Bank.
An investigation brought up the fact that Bangladesh Bank used very cheap network switches and had no firewall in place.
Without the firewall in the computer network system of bank helps the hackers to made the robbery easy way. Lack of firewall system it is very easy to login into any bank system network and made any transaction easily.
According to the crackers, a special Malware was specifically designed for a targeted attack on Bangladesh Bank to operate on SWIFT Alliance Access servers. The hackers sent $81 million from Bangladesh Bank’s account in New York to the Philippines, and another $20 million to Sri Lanka.