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Sunday, 17 April 2016 - 14:35
Asian countries to work with Central Bank
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Asian governments and central banks will work together to avoid a repeat of the cyber heist that attacked a Bangladesh Bank.

Minister of Finance Ravi Karunanayake said a new machine will soon be introduced to tackle the issue.

Cyber hackers posing as Bangladeshi Central Bank officials have asked the US Federal Reserve to transfer over $951 million to private accounts in Sri Lanka and Philippines.

The heist was discovered over a spelling error. $101 million were already stolen by then.

Minister Karunanayake said that banks in the Asian region does not have sufficient knowledge about cyber heists.

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