Cyber security is the ability to protect or defend the use of cyberspace from cyber-attacks, according to the National Institute of Standards and Technology, USA.

The Anti Corruption Commission (ACC) with the help of police arrested two businessmen, in a case of misappropriating Tk 70 crore of BASIC Bank, from their homes in Jamalpur early yesterday.

Bangladesh's central bank was vulnerable to hackers because it did not have a firewall and used second-hand, $10 switches to network computers connected to the SWIFT global payment network, an investigator into one of the world's biggest cyber heists says.

The government will make public the probe report on the cyber heist of US$101 million from Bangladesh Bank’s account with New York’s Federal Reserve Bank.

Bank Asia declared 20 percent dividends—5 percent bonus share and 15 percent cash dividend—for 2015 at the bank's 17th annual general meeting at Dhaka Ladies Club yesterday.

The government yesterday formed a seven-member taskforce headed by the banking secretary to bring back the $81 million funds stolen from Bangladesh Bank's account with the New York Federal Reserve.

Three messages sent by the Bangladeshi central bank to the Rizal Commercial Banking Corp. (RCBC) on the morning of February 9, alerting the Yuchengco-controlled financial institution to the dubious provenance of the $81 million that was later revealed to be the largest money laundering caper in Philippine history.

The High Court issues a rule asking the government to explain in four weeks as to why it should not be directed to take necessary steps to recover the money stolen from Bangladesh Bank.

Md Mahbub-ur Rahman has been appointed as deputy chief executive officer and country head of commercial banking for HSBC Bangladesh, effective today, the bank said in a statement.

The Bangladesh Bank board yesterday met for the first time since Fazle Kabir took over as its governor three weeks ago.

Chinese hackers are possibly behind one of the world's biggest cyber heists, the theft of $81 million from the Bangladesh central bank, a senator in the Philippines says.

The Anti-Corruption Commission yesterday arrested Zainul Abedin Choudhury, a general manager of BASIC Bank, for his alleged involvement in a loan scam.

Sayeed H Chowdhury has been re-elected as the chairman of One Bank for another year.

For Kim Wong, the Chinese casino owner in the Philippines entangled in one of the world's largest bank heists, there are two golden rules for dealing with wealthy punters: always demand to see their money, but never ask where it came from.

When Hagoda Gamage Shalika Perera, a small Sri Lankan businesswoman, got a deposit of $20 million in her account last month, she said the funds were expected but had no idea they were stolen from Bangladesh's central bank in one of the largest cyber heists in history.

The government can recover 40 percent, or about $34 million, of the $81 million stolen by hackers from Bangladesh’s central bank and laundered through the Philippine banking system, the country’s Senate President Pro Tempore Ralph Recto says.

The Federal Reserve Bank of New York is acting defensively, distancing itself from any of the blame over the heist of $101 million from the Bangladesh Bank's account with it by cyber thieves.

Bangladesh Bank says it has launched a “coordinated move” to recover the $101 million that was lost in cyber heist from the central bank’s account with US’ Federal Reserve Bank.

Days after an official of Janata Bank was learnt to have swindled Tk 1.93 core from clients’ FDR accounts, the bank authorities assure its clients that they will not be affected.

The new governor of Bangladesh Bank Fazle Kabir starts his first day at work this noon, four days after he was appointed governor of the central bank by the government.