Officials from Bangladesh ’s central bank announced on 7 July that the bank ’s account number at the US Federal Reserve ( Fed ) had been hacked . The attackers reportedly stole funds , some of which have been traced to the Philippines and recovered . Bangladesh’s central bank has around $28 billion in foreign currency reserves. The Fed refuted the claim that a breach had taken place . Bangladeshi officials did not give any indication of how much money was allegedly stolen , but its central bank is known to hold approximately $ 28bn in foreign reserve ; they are reportedly now working with anti - money theft authorities in the Philippines to investigate the matter . The Fed was successfully targeted in 2014 ; a British citizen was charged for breaching the bank ’s servers and posting information from internal users .
Officials from Bangladesh ’s central bank announced on 7 July that the bank ’s account number at the US Federal Reserve ( Fed ) had been hacked . The attackers reportedly stole funds , some of which have been traced to the Philippines and recovered . The Fed refuted the claim that a breach had taken place . Bangladeshi officials did not give any indication of how much money was allegedly stolen , but its central bank is known to hold approximately $ 28bn in foreign reserve ; they are reportedly now working with anti - money theft authorities in the Philippines to investigate the matter . The Fed was successfully targeted in 2014 ; a British citizen was charged for breaching the bank ’s servers and posting information from internal users .