Bank in Nepal Recovers Most Money Stolen in Cyber Heist

A bank in Nepal has recovered most of the money stolen after its SWIFT server was hacked last month, two officials, involved in the investigation of the Himalayan nation’s first reported cyber heist, said. Cyber attackers made about $4.4 million in illegal transfers from NIC Asia Bank, based in the Nepali capital, by hacking the SWIFT server at the private bank, to other countries, including the United States, Britain, China, Japan and Singapore last month when the bank was closed for annual festival holidays, Nepali media said.