Criminals in Sh1 billion digital heist likely studied bank's inner workings

The perpetrators of a $100 million digital heist at Bangladesh's central bank had deep knowledge of the institution's internal workings, likely gained by spying on bank workers, security experts said.

Unknown hackers breached Bangladesh Bank in early February, stole credentials for payment transfers and then ordered transfers out of a Federal Reserve Bank of New York account held by Bangladesh Bank, according to Bangladesh Bank officials.