[PLX-2M]

Someone just learned an expensive lesson...

"Hackers managed to steal $80m (£56m) from Bangladesh's central bank because it skimped on network hardware and security software"

[Source - BBC]

[TheEvilSocks]

bitches got rekt

it's pathetic how even banks don't spend enough money on security

[pvnk]

bitches got rekt

it's pathetic how even banks don't spend enough money on security

It's. In. Bangladesh.

[Skullmeat]

This is why you make the investment for good security, especially if you are a bank. These guys were just asking to be hacked.

[PLX-2M]

It's. In. Bangladesh.

Point taken - it's a third world country, but you would be surprised, or should I say horrified, how insecure credit unions in US are...their security posture is actually not that far above bank in Bangladesh.

[BurritoBeans]

Man, even being in Bangladesh, having to handle all that money you'd think they'd be smart and invest into something better than a cheap $10 router. Oh well, that's what they get for being stupid I guess.

[mothered]

This Is a perfect example as to WHY "hackers" are the ones brought before the courts when accessing Information and details due to the Insecurities and vulnerabilities of other entities.

From the Website:

The bank had no firewall and used second-hand routers that cost $10 to connect to global financial networks

The lack of Security Is simply an open Invitation. Why Isn't the Bangladesh Central Bank Issued with litigation? Why aren't they the ones taken to court? They're responsible for securing confidential Information/critical credentials of their customers, and due to their Insecurities, they should be held fully responsible.

The bank will probably be Issued with a mediocre fine, whilst the hackers do jail time due to the actions of the bank who are directly responsible.

[m0dem]

As always, something stupidly simple and totally avoidable.

[Oni]

It's. In. Bangladesh.

They. Were. Storing. $80,000,000.