Billion Dollar Heist
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ON 4 February 2016, after a year of using malware to scrutinise the computer systems of Bangladesh Bank, the country’s central bank, an international criminal group tried to steal $1 billion from it. The bank was a soft target, with no firewall and simple $10 electronic switches connecting it to the SWIFT global payment system used by more than 11,000 financial institutions globally.
The Federal Reserve Bank of New York is the largest …