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AP
A US congressional committee is investigating how hackers managed to divert US$101 million from Bank of Bangladesh accounts held at the Federal Reserve in New York.
The February theft led the Bangladesh central bank’s chairman to resign, and added to worries about the security of online bank data.
This week, the Science Committee in the US House of Representatives asked the Fed in a letter for “all documents and communications†about the cyberattack and the security of the Fed’s SWIFT money transfer system.
In the attack, the hackers had tried to steal a total of US$1 billion through 35 international money transfer orders, 30 of which were stopped. The Bangladesh Bank later recovered some money from a Sri Lankan bank and from a Chinese businessman based in the Philippines.