The Bangladeshi Bank Fraud: How did it happen?

EPISODE · Nov 2, 2018 · 13 MIN

The Bangladeshi Bank Fraud: How did it happen?

from The Payments Podcast · host Bottomline

If you were given 80 million dollars what would you do with it? What about if you lost 80 million dollars? Cyber-attacks are common news in this era, you’re more likely to take a hit online than be mugged in the street. What makes this story interesting is the lengths and preparation that were put into this heist (like any good film) and how it uncovered a weakness in a payment system that moves millions of payments around every day. James Richardson, Head of market development for fraud and risk dives into the details of this heist  and answers the questions that are on everyone’s lips.

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The Bangladeshi Bank Fraud: How did it happen?

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