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Hackers Compromise Bangladesh Bank Security Due To Cheap Routers And No Firewall

This should serve as a reminder for financial institutions to tighten security solutions.

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Last month, news about hackers attempting to steal from the Federal Reserve bank of Bangladesh made the rounds. These hackers targeted $1 billion from the bank account but only managed to successfully wire $80 million.

Investigators back then didn’t explain how the hackers managed to breach the bank’s security network.

But now, the truth is out and apparently, the hackers succeeded in their job because there was never a security solution from the bank. With the absence of this security solution, the hackers successfully stole $81 million and only a spelling error stopped the completion of wiring the rest of the amount.

Apart from the absence of a firewall, the bank only used second-hand switches, costing $10, to network computers that are linked to the SWIFT global payment network, as reported by Reuters.

bangladesh-bank-hack

“It could be difficult to hack if there was a firewall,” forensic investigator Mohammad Shah Alam explained to the news outlet. The firewall is supposed to stop hackers and malware from carrying out their malicious attacks. However, the bank failed to have this solution, and in addition to this, they used cheap routers that made it difficult to track down the hackers.

Alam shared in an interview that authorities blame the Federal Reserve bank, as well as SWIFT, for this major lapse in security solutions. “It was their responsibility to point it out but we haven’t found any evidence that they advised before the heist,” Alam said, referring to SWIFT. At the moment, a spokesperson for SWIFT has not made any comment regarding the issue.

Source: Bluesnap

The authorities have yet to identify who is behind this illicit activity and investigators continue to piece the puzzle to identify the suspects. Financial institutions should take it as a reminder that security solutions should be updated and tightened to avoid future attacks from hackers.

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Kindhearted Man Uses An Excavator To Rescue A Trapped Fawn

Two videos show how a pair of fawns were rescued from sinking in the sludge at a construction site in Tacoma, Washington.

Bill Davis — a resident of Tacoma, Washington — checked on a construction site for his employer. He was quite surprised when he saw two young deers struggling in the sludge. To his horror, Davis realized that the two fawns were sinking.

Davis recalled, "I wouldn't have seen them if they hadn't moved and caught my eye!" He then added, "It broke my heart to see this!"

Indeed, the animals were covered in mud and had practically blended into the sludge. They must have been struggling to get out of it for some time as they already looked exhausted by the time Davis came along.

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China Is Allegedly Stealing Soil From Philippines To Build Their Artificial Islands

The smuggled rocks and soil are reportedly used to build the artificial islands in the disputed South China Sea.

China is not only being accused of invading Spratly Islands by the Philippine government but is also allegedly stealing soil from different parts of the country.

Philippines and China are in an ongoing territorial feud as the latter is occupying the Spratly Islands at the South China Sea (West Philippine Sea). But according to reports, it’s not just what China does. The country is also stealing large quantities of soil for island-building and mining purposes.

According to Manila Live Wire, huge Chinese cargo ships were spotted in Davao Oriental alone. These vessels regularly load and ship massive amounts of soil used to complete the island construction in the West Philippine Sea, the report detailed.

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Vietnam’s Bikini Airlines Set To Create Country’s First Female Billionaire

Did you know that behind the brilliant plan of staffing VietJet Air with bikini-clad flight attendants is a woman who is set to be Vietnam’s very first self-made billionaire? Talk about girl power.

To cap of Women’s Month, we are publishing a story on how Vietnamese Nguyen Thi Phuong Thao is about to be the very first Vietnamese female billionaire of her country. Thanks to her brilliant idea of staffing VietJet with attractive women clad in sexy two-piece swimsuits. According to Bloomberg, Thao is “poised to become Southeast Asia’s first self-made woman billionaire”.

VietJet Air features bikini-clad flight attendants at your service.

VietJet Air features bikini-clad flight attendants at your service.

Nguyen Thi Phuong Thao owns 95% of VietJet Air and is poised to be the first female billionaire of Vietnam.

Nguyen Thi Phuong Thao owns 95% of VietJet Air and is poised to be the first female billionaire of Vietnam.

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