Serious complaints were made today by the Bangladesh Bank, according to which hackers have violated their US Federal Reserve account and stole a large sum of money.
The complaints were made by its executives Bangladesh Bank saying employees of the bank noticed that they were missing a large portion of their capital at the US Federal Reserve Bank in New York.
Over 250 foreign banks, governments, and major financial institutions have accounts at the Federal Reserve Bank's New York branch, due to high-end bank security measures.
Bangladesh central bank officials declined to say the exact amount stolen, but have so far managed to recover some of it after cooperation with the local authorities, who specialize in money laundering operations.
However, at the opposite of the news, a Federal Reserve spokesman in a statement to Reuters, refused to recognize the incident, saying that their bank did not find any sign of invasion.
Although the Federal Reserve Bank of New York is considered a model for physical and electronic bank security, this branch was previously hacked online in 2012, when British hacker Lauri Love succeeded with SQL injections and ColdFusion vulnerabilities to gain access to any of the data the bank's. British authorities finally arrested Love in October 2013.
