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$80 Million Loss to a Bank that was Hacked – Due to a Cheap Router

$80 Million Loss to a Bank that was Hacked - Due to a Cheap RouterSometimes it pays to spend. The central bank of Bangladesh has found that out the hard way, as police are blaming its loss of $80m during a hack on $10 routers. A team of hackers tried to steal vast quantities from the bank earlier this year.

Their attempts were brought to a halt because they managed to misspell “foundation” as “fandation”-a typo that was noticed by Deutsche Bank, ultimately bringing the heist to an abrupt end. The criminals did, however, manage to make off with $80 million before they were found out.

An $80M Bank Hack Has Been Blamed on $10 Routers

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