Home | Latest News | Popular News | Our Network | About | Contact
Bangladesh Eyes Settlement In US Cyber Heist Suit Ahead Of Its Own Case | www.SecurityPhresh.com
Bangladesh Eyes Settlement In US Cyber Heist Suit Ahead Of Its Own Case
16th Apr 2018 [5 days ago] from www.topix.com
An Ecuadorian bank and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, providing a possible precedent for the Bangladesh central banks planned suit to recover $66 million still lost in one of the worlds biggest such cases. A suit by Ecuadors Banco del Austro against Wells Fargo Co was quietly settled in February, less than a month before a trial date was set, and the U.S. district court in Manhattan sealed all discussions, according to court documents.

Today's Top Hacking & Security News Stories
Trustjacking Exploit Abuses ITunes Feature To Spy On IOS Devices
No Coverage For Seafood Importer Netted In Phishing Scam
Facebooks New Data Policy: Answers To Your Privacy Questions - CNET
British Teen Hacker Who Rocked Top US Intelligence Officials Jailed For Cyber Terrorism
Teen Who Hacked Ex-CIA Director John Brennan Gets 2 Years In Prison
Ransomware, Stolen Data Or Malware: How Do Online Crooks Really Make Their Money?
See All Security News