CID finds technological negligence behind Bangladesh Bank forex heist

Reported By: ST Report Posting Time: 2024-01-29 23:56:36 Catagory: Bank
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CID finds technological negligence behind Bangladesh Bank forex heist

Criminal Investigation Department (CID), a specialized police unit, has found technological negligence for the incident of cyber heist of $101 million from Bangladesh Bank account in 2016 during their investigation into the case.
"Investigation of the case is at the final stage. During investigation, what we found was technological negligence as the BB was not technologically sound when the incident took place, that is the reality," said CID Chief Additional IGP Mohammad Ali Mia, while exchanging views with the newly elected Executive Committee (EC) of Bangladesh Crime Reporters Association (CRAB) at the CID headquarters in the city on Monday.