Since the New York Federal Reserve and the SWIFT transaction system – the most protected and sensitive components of global banking – were breached in a cyber-attack in February 2016, Reuters has delivered

unmatched coverage with exclusive news, insights and special reports. The attack, which saw $81 million stolen from a Bangladesh central bank

account, exposed the widespread and institutional weaknesses found in the SWIFT network and prompted regulators around the globe to tighten bank security requirements. Stay with Reuters for more unrivalled coverage as the story unfolds in 2017.

REUTERS/Carlo Allegri/File Photo

MAR 2016 APR 2016 JULY 2016 AUG 2016 DEC 2016 MAR 2017

Reuters reveals how a hacker’s typo helped stop a billion

dollar bank heist

Reuters reveals how the NY Fed

fumbled over the Bangladesh Bank

heist

Reuters Special Report shows how

SWIFT was slow to address weak

points

Reuters exclusively reports some

Bangladesh Bank officials involved in

heist

Reuters reveals Symantec said North Korean hacking group Lazarus likely

behind the heist

SWIFT & Bank HeistTHE BIG PICTURE

Reuters exclusively reports SWIFT

network says it’s aware of multiple

cyber fraud incidents

Watch an animated look at how hackers made off with

millions

Unlock more

unrivaled coverage

from Reuters

BREAKING NEWS• Reuters revealed that Bangladesh’s central bank

was vulnerable to hackers because it did not have a firewall and used cheap switches, and that the hackers who stole $81 million from it likely hacked into software from the SWIFT financial platform.

• Reuters exclusively reported that Bangladesh’s central bank became more vulnerable to hackers when technicians from SWIFT connected a new bank transaction system to SWIFT messaging three months before the cyber heist.

• Reuters reported that the SWIFT network was used by cyber thieves who stole $12 million from an Ecuadorian bank and by cyber criminals who unsuccessfully tried to send money from a Vietnamese bank to a Slovenian one in 2015.

• Reuters was first to report that the Federal Reserve Bank of New York asked the Philippines’ central bank to help Bangladesh Bank recover the $81 million stolen.

• Reuters revealed that new cyber-theft attempts have surfaced since June - some of them successful - when SWIFT last updated customers on a string of attacks discovered after the the Bangladesh Bank heist.

• Reuters exclusively reported in November 2016 that SWIFT warned banks of the escalating threat to their systems.

• Reuters revealed exclusive details on what police suspect is insider involvement in the electronic theft from Bangladesh’s central bank.

• Reuters reported exclusively in March 2017 that the world’s biggest economies, the G20, will jointly fight attacks on the global banking system.

THE BIG PICTURE

BEHIND THE SCENESAN INSIDE LOOK AT HOW REUTERS HAS COVERED THE SWIFT & BANK HEIST STORY

With a team of expert journalists across the globe, Reuters has consistently delivered unmatched coverage from all angles. Go behind the scenes for an inside look at Reuters reporting and why it has been an important story to tell.

Photo credits (l to r): REUTERS/Czar Dancel; REUTERS/Carlo Allegri/Illustration/File Photo; REUTERS/Brendan McDermid

FOLLOW ALONG WITH REUTERSOn Eikon, enter HACK and Bangladesh into the news search field for the latest on the story.

Published March 2017

HOW TO ACCESS

9 On Eikon, enter HACK and Bangladesh into the news search field for the latest on the story.

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By Jeremy Wagstaff, Christian Inton, Adam Wiesen, Christine Chan and Gail Zuniga | REUTERS GRAPHICS

THE BIG PICTURE

UNPARALLED INSIGHT AND TRUSTED VIEWS• Reuters offered an insightful look at how the

Bangladesh bank heist is the latest among increasingly large thefts by criminals who have leveraged the speed and anonymity of hacking to revolutionize burgling banks.

• Reuters Breakingviews argued that the notorious robber’s maxim about robbing banks “because that’s where the money is” needs an update after the Bangladesh Bank heist.

• A Reuters Special report revealed how the Federal Reserve Bank of New York examined the risk of cyber attacks years before $81 million was stolen but judged the prospect unlikely.

• Reuters Breakingviews outlined how banks that have been pooling resources on blockchain technology should apply their camaraderie to cyber security, after SWIFT said a second malware attack similar to the Bangladesh Bank heist had targeted a commercial bank.

• Reuters TV offered digestible video pieces reporting that SWIFT was a tool for hackers in Bangladesh heist, according to BAE Systems and

that a Bangladeshi investigation was pointing the finger at SWIFT messaging network, saying it opened the door for hackers.

• Reuters provided insight into how cyber thieves exploited banks’ faith in the SWIFT transfer network.

• Reuters offered clear and comprehensive graphics showing how hackers stole $81 million from the Bangladesh bank, and illustrating Federal Reserve data breaches in recent years, as well as Bangladesh Bank and Ecuador bank heist money flows.

Check out a snapshot of

related Reuters coverage