CyberNews Briefs

Silence Group Likely Behind Recent $3M Bangladesh Bank Heist

Group-IB researchers believe that the Silence hacking group is behind a recent string of cyberattacks targeting banks in Bangladesh. In May of this year, hackers were able to steal around $3 million from three banks (Dutch Bangla Bank Limited, NCC Bank, and Prime Bank) through illegal transactions at ATM machines in and outside of Bangladesh.

Silence has been going after banks since at least 2016. Last year, Group-IB published a first report about the group, suggesting that it centers on two Russian-speaking individuals that have held legitimate positions in the cybersecurity industry. According to Group-IB, the tactics followed by the attackers in the recent heist suggest that it was a Silence operation.

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