The Bangladesh Bank hack is making news again. For some time, conventional wisdom has had it that North Korea was behind the heist, maybe with some help from Chinese individuals. According to experts, some attributes of the hack bore resemblance to the earlier Sony hack, which was tied to the North Korean state pretty clearly. Now, unnamed individuals in the U.S. government have confirmed that they are building a case against the hackers, and in particular the Chinese collaborators. (Though the FBI has declined to comment.)
Previous posts in this series:
- The law of wire transfers versus indemnification clauses (21 Dec. 2016)
- Who pays for SWIFT hacks? No answer yet, but another question... (18 Nov. 2016)
- SDNY's Kaplan denies Wells Fargo's motion to dismiss in SWIFT hack case (19 Oct. 2016)
- What lawyers need to know about SWIFT hacks... in five minutes, max (11 Oct. 2016)
- NY Fed and Bangladesh Bank patching things up (pun intended) (29 July 2016)
- Who pays for SWIFT hacks? (3 June 2016)