Before massive Bangladesh heist, New York Fed feared such cyber attacks

In the years before hackers stole $81 million from a Bangladesh central bank account at the Federal Reserve Bank of New York, senior Fed security officials examined the risk of such an attack - but judged the prospect unlikely, bank sources told Reuters. The Fed managers worried that lax security procedures and outdated technology at some foreign central banks could allow cyber-criminals to commandeer local computers and breach foreign accounts at the U.S. central bank, according to interviews w