The Bangladesh Bank robbery, also known colloquially as the Bangladesh Bank heist, took place in February 2016, when instructions to fraudulently withdraw US$ 1 billion from the account of Bangladesh Bank, the central bank of Bangladesh, at the Federal Reserve Bank of New York were issued via the SWIFT network. Five transactions issued by security hackers, worth $101 million and withdrawn from a Bangladesh Bank account at the Federal Reserve Bank of New York, succeeded, with $20 million traced to Sri Lanka (since recovered) and $81 million to the Philippines (about $18 million recovered). The Federal Reserve Bank of New York blocked the remaining thirty transactions, amounting to $850 million, at the request of Bangladesh Bank. It was identified later that Dridex malware was used for the attack.
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