the IT Operation and Communication Department is creating a new cybersecurity unit to monitor its information technology and detect system loopholes. The move comes following an embarrassing attack on the country's foreign exchange reserve in February this year, in which hackers stole $81m of an attempted $1bn. Operated by Bangladesh Bank, the new unit will also ensure the banking sector's intra and inter-bank transactions are conducted securely. A the IT Operation and Communication Department official said the unit would be operational as soon as possible.
Bangladesh Bank is creating a new cybersecurity unit to monitor its information technology and detect system loopholes. The move comes following an embarrassing attack on the country's foreign exchange reserve in February this year, in which hackers stole $81m of an attempted $1bn. Operated by the IT Operation and Communication Department, the new unit will also ensure the banking sector's intra and inter-bank transactions are conducted securely. A Bangladesh Bank official said the unit would be operational as soon as possible.