The Stunning Story of the Heist of Bangladesh Central Bank and Hair-Raising Implications

[Sukla Sen]

Quite a thriller.

In fact, far more than that.

<<Computer hacking, global money laundering, cutting edge cryptocurrency thefts... If the allegations against North Korea are true, then it appears many people have underestimated the country's technical skill and the danger it presents.

But this also paints a disturbing picture of the dynamics of power in our increasingly connected world, and our vulnerability to what security experts call "asymmetric threat" - the ability of a smaller adversary to exercise power in novel ways that make it a far bigger threat than its size would indicate.

Investigators have uncovered how a tiny, desperately poor nation can silently reach into the email inboxes and bank accounts of the rich and powerful thousands of miles away. They can exploit that access to wreak havoc on their victims' economic and professional lives, and drag their reputations through the mud. This is the new front line in a global battleground: a murky nexus of crime, espionage and nation-state power-mongering. And it's growing fast."

<https://www.bbc.com/news/stories-57520169>