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Bank governor resigns after cyber heist

Tuesday, March 15, 2016 - 01:24

Bangladesh's central bank governor Atiur Rahman has resigned after $81 million was stolen from the bank's account at the New York Fed. As Sonia Legg reports, it was one of the largest cyber heists in history.

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It was one of the costliest ever cyber attacks and it's claimed a high ranking scalp - the governor of Bangladesh's central bank. (SOUNDBITE) (English) EXTERIOR OF HOUSE OF FORMER CENTRAL BANK GOVERNOR ATIUR RAHMAN SAYING: "I thought, to protect the image of the bank, I resigned voluntarily to take a much higher moral ground." Unknown hackers breached the computer systems of Bangladesh Bank, transferring $81 million from its account at the New York fed to casinos in the Philippines. A senator there looking into suspected money laundering says $30 million of it was then handed to an ethnic Chinese man in Manila. Atiur Rahman's resignation came days after Bangladesh's finance minister complained he had only found out about the attack from the media - not the bank itself. (SOUNDBITE) (English) EXTERIOR OF HOUSE OF FORMER CENTRAL BANK GOVERNOR ATIUR RAHMAN SAYING: "All central banks and banks should be very careful about cyber attacks. This is as bad as terrorist attacks, so we should be, all the central banks in the world, and all the banks should raise their firewalls, they should be very careful about it." The theft was only discovered when a typo in a further request for $951 million raised red flags. The Fed says its systems weren't breached, but the global scale of the heist has left Bangladesh officials scrambling to find answers and recover the lost money.

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Bank governor resigns after cyber heist

Tuesday, March 15, 2016 - 01:24