Bangladesh Bank Cyberheist: Ten-Year Resilience Lessons
🔒 Ten years after the February 2016 operation that attempted to steal $951 million via fraudulent SWIFT messages, the Bangladesh Bank heist remains a defining case for cyber resiliency. Attackers attributed to the Lazarus Group used spear-phishing, backdoors, keyloggers and printer sabotage to capture credentials and erase audit trails, enabling 35 fraudulent transfer attempts. The incident exposed basic control failures—lack of network segregation, exposed SWIFT systems, and limited endpoint monitoring—and helped drive mandatory measures such as the SWIFT Customer Security Program.
