Exclusive: NY Fed first rejected cyber-heist transfers, then moved $81 million

Exclusive: NY Fed first rejected cyber-heist transfers, then moved $81 million

9:25 PM
DHAKA/NEW YORK (Reuters) - Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a Bangladesh Bank account to cyber thieves, the Fed branch blocked those same requests because they lacked information required to transfer money, according to two people with direct knowledge of the matter.


from Reuters: Technology News http://ift.tt/1t0gpXU
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