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Hackers stalked Bangladesh Bank for weeks before heist

Bloomberg Hackers who stole $101 million from Bangladesh’s central bank stalked its computer systems for almost two weeks beforehand, according to an interim investigation report seen by Bloomberg. Prepared for Bangladesh Bank by cyber security firms FireEye Inc. and World Informatix, the assessment offers a tantalising glimpse into how cyber criminals can use banks’ own systems against them. The cyber ...

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Big banks need tougher audits: US regulator

New York / AFP US banking supvervisors should beef up their oversight of large banks beyond stress tests with deep-dive audits and greater use of outside examiners, a top regulator said. Under a ‘full-scope’ exam, a team of regulators would converge on the largest US banks to pull ledgers, check whether loan payments are on time and “systematically review a ...

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