Dhaka, June 24 -- An Enduring Contagion

Critical security gaps: Study says SWIFT operations still lack vital cybersecurity safeguards, leaving the central bank vulnerable a decade post-heist

Monitoring system failures: The absence of anti-money laundering tools and disconnected XDR/NDR devices leaves transactions unverified, it adds

Flawed procurement logic: Prioritising cheap, low-bidder software over elite global tech has compromised crucial banking infrastructure, inspectors say

Unfinished recovery actions: Key upgrades, including automated backups and disaster recovery staffing, remain incomplete and delayed, study reveals

Few events have left a deeper scar on Bangladesh's financial system than the reserve heist of 2016, when hac...