Tainted Trove

2019-02-20 GWU

https://nsarchive.gwu.edu/news/cyber-vault/2019-02-20/tainted-trove

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The National Security Archive reviews the 2016 Bangladesh Bank SWIFT theft, in which fraudulent transfer orders attempted to move one billion dollars from the bank's Federal Reserve account. Five orders totaling 101 million dollars succeeded, with funds routed through Sri Lanka and the Philippines. The attack is attributed in the source to North Korea's Bureau 121, also known as Lazarus Group or Bluenoroff, and remains a landmark financial cyber operation.

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