The Cybersecurity 202: A bank wants to recover the $81 million North Korea allegedly stole. It won't be easy.
The New York Federal Reserve is assisting Bangladesh's central bank in a lawsuit filed Thursday to claw back $81 million in funds stolen during a 2016 North Korean hacking campaign. But they're not going after Pyongyang directly.
Instead, Bangladesh Bank is suing a bank in the Philippines where the funds briefly landed before a complex series of transfers that diverted them to Filipino casinos after which they became ...