$10m of Bangladeshi SWIFT heist ended up in Filipino Casino

Chinese high-rollers muled the money, thankfully didn’t put it all on Red.

By Richard Chirgwin

At least some of the US$81 million lifted from Bangladeshi banks in recent hacks on the Society for Worldwide Interbank Telecommunication (SWIFT) inter-bank transfer network has been tracked down to a casino in the Philippines.

The February heist relied on malware dropped on a SWIFT terminal used by Bangladesh’s central bank. The terminal was visible to the miscreants because the network in that country had no firewall.

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Source: http://www.theregister.co.uk/