Cybersecurity incident
Date: 2016-03-10 00:00:00
Affected organization: Bangladesh Central Bank
Affected country: Bangladesh
Industry: Finance and Insurance
Event type: Exploitive
Event subtype: Exploitation of Application Server
Motive: Financial
Actor: NGB 3rd Technical Surveillance Bureau
Actor type: Nation-State
Actor country: Korea (the Democratic People's Republic of)
Description: Reuters reports that unknown hackers were able to breach the Bangladesh Bank's systems and steal its credentials for payment transfers, using them to transfer money to entities in the Philippines and Sri Lanka. The hackers were able to get away with about $80 million. The attackers were later revealed to be from North Korea.