Hackers Almost Net $1 Billion From Bank

[TheComputerGroup]

A spelling mistake in an online bank transfer instruction helped prevent a nearly $1bn heist last month involving the Bangladesh central bank and the New York Fed, banking officials said.

Unknown hackers still managed to get away with about $80m, one of the largest known bank thefts in history.

 

[TheComputerGroup]

http://www.theguardian.com/business/2016/mar/10/spelling-mistake-prevented-bank-heist

 

[TheComputerGroup]

I always thought you need someone on the inside to perform a task this huge.......I don't buy that someone stealing hundreds of million from hacking can't be traced somehow, & the money is never found.........

 

[razorbackpicks]

My question is ok sure it is all transferred and considered theft, but how did they actually get it. How did they actually turn it from a computer hack numbers in accounts to cash dollars able to be spent.

 

[aclv1]

My question is ok sure it is all transferred and considered theft, but how did they actually get it. How did they actually turn it from a computer hack numbers in accounts to cash dollars able to be spent.

good point

 

[TheComputerGroup]

My question is ok sure it is all transferred and considered theft, but how did they actually get it. How did they actually turn it from a computer hack numbers in accounts to cash dollars able to be spent.

Exactly......I don't think we're getting the whole story anyway, & the investigation is still pending. They're saying theres a good chance they won't find the $80 million or the perpetrators.......hmm.....gotta have connections in very high places IMO.