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 .
Officials from Bangladeshi’s central bank revealed on 7 March that the bank’s account held 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 laundering 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.