Monday, July 15

Day: April 1, 2016

Sri Lankan in Bangladesh cyber heist says she was set up by friend
Asia, ENGLISH

Sri Lankan in Bangladesh cyber heist says she was set up by friend

    When Hagoda Gamage Shalika Perera, a small Sri Lankan businesswoman, got a deposit of $20 million in her account last month, she said the funds were expected but had no idea they were stolen from Bangladesh's central bank in one of the largest cyber heists in history. Unknown hackers breached Bangladesh Bank's systems between February 4 and February 5 and tried to steal nearly $1 billion from its account at the Federal Reserve Bank of New York. Many of the payments were blocked. But $20 million made its way to Perera's Shalika Foundation before the transfer was reversed. Bangladesh central bank officers said they acted after a routing bank, Deutsche Bank, sought clarification on the transfer because hackers misspelled the company's name as "Fundation." Another $81 million ...
Ignorant Hazaribagh tanners stay, cops curb rawhide supply
Bangladesh, ENGLISH

Ignorant Hazaribagh tanners stay, cops curb rawhide supply

    The latest relocation deadline to tanneries at Hazaribagh expired today. Police are trying to curb rawhide supply into the factories as tanners have, once again, ignored a government deadline. Bangladesh government tried repeatedly to relocate the tanners from the area, but failed. The latest attempt was a March 31 deadline set during an inter-ministerial meeting on March 20. After the deadline expired, The Daily Star found factories operating normally today. Police, however, were seen deployed at Hazaribagh’s entry points to stop supply of rawhide. “This morning, police turned away two truckloads of rawhide supply at the Beri Bandh entry point,” Mir Alimuzzaman, officer-in-charge of Hazaribagh Police Station, told The Daily Star. According to him, police teams have been d...
Six things that are more expensive from 1 April
ENGLISH, United Kingdom

Six things that are more expensive from 1 April

    From Friday 1 April, consumers will be hit by a range of inflation-busting price increases that affect many things in Britain from buying a property to going to the dentist. Hannah Maundrell, editor in chief at money.co.uk, said 1 April “seems to have become ‘national price hike day … The majority of the price hikes seem pretty small, many as low as 1%. However all these small hikes add up to fewer pounds in your pocket.” Stamp duty rise on second homes An extra 3% stamp duty on any property bought as a second home or buy-to-let investment will add £6,000 to the cost of buying a £200,000 property. Solicitors have been working flat out to ensure deals were completed before the deadline. Council tax Millions of families face the largest increase in council tax since 2008, af...
$4.63m recovered for Bangladesh Bank
Bangladesh, ENGLISH

$4.63m recovered for Bangladesh Bank

    More than $4.5 million of tens of millions recently stolen from Bangladesh and funnelled into Philippine casinos was recovered yesterday, as a lawmaker in Manila said almost half the haul could still be salvaged, reports AFP from Manila. On February 5, unidentified hackers shifted $81 million from the Bangladesh central bank’s account with the US Federal Reserve to a nondescript bank in Manila, and then to the casinos where the trail went cold. Representatives for casino agent Kim Wong, who is under criminal investigation after a portion of the stolen money was traced to his account, surrendered $4.63 million in cash to the Philippine central bank on Thursday. “He kept his promise to return the money,” Wong’s lawyer Innocencio Ferrer said in a statement. Wong testified at ...
A British company is trying to change the most annoying thing about passports
ENGLISH, United Kingdom

A British company is trying to change the most annoying thing about passports

    Many people worry about forgetting their passport when they travel, but few would leave the house without their smartphone. The British passport maker De La Rue may have found a solution to the problem: moving travellers' passports onto their mobile phones. Martin Sutherland, the chief executive of De La Rue, told The Times that the company has begun working on technology that could securely store passport details on smartphones, rendering passport books obsolete. The paperless passports, which we first read about on The Telegraph, would allow individuals to pass through immigration control at airports without any physical documents. If they become a reality, the digital passports could work like mobile boarding passes, according to The Telegraph's report. "Technology is a...