Bangladesh Bank Considers Suit Against N.Y. Fed Over Cyber Heist

Bangladesh's central bank has hired a lawyer in the United States for a potential lawsuit against the New York Federal Reserve after unknown hackers stole $81 million from its account with the U.S. bank, an internal report said. In one of the largest cyber heists in history, the hackers breached the computer systems of Bangladesh Bank in early February and succeeded in issuing instructions to the New York Fed to transfer $81 million to accounts in the Philippines.