RCBC files defamation suit against Bank of Bangladesh over 2016 cyberattack
The aftermath of the $81 million cyberheist lingers on.
RCBC
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Plan to make it available by Q2 this year.
Rizal Commercial Banking Corp fined $21m over cybersecurity failings
The Bangko Sentral ng Pilipinas (BSP), Philippines’ central bank, has issued a PHP 1 billion ($21 million) fine to Rizal Commercial Banking Corp (RCBC) for cybersecurity failings. RCBC was used by cyber criminals to channel $81 million stolen from Bangladesh’s central bank earlier this year. According to BSP, the fine was “the largest amount it has […]
