Financial institutions may face cyber attack

Bangladesh Computer Council’s e-Government Computer Incident Response Team (BGD e-GOV CIRT) has warned that financial institutions like Bangladesh Bank may face a cyber attack on a massive scale by an international hacking group known as 'Kasablanka'.

The cyber threat research team issued the warning on its website on Tuesday night.

They recently observed and identified the ongoing development of attack variants and dedicated malware campaigns specifically targeted at Bangladeshi infrastructure.

They warned that the specific type of malware is targeting users or consumers from different financial and government institutions in the country.

However, they also clarified that the group is acting to spread their botnets within Bangladesh to tweak for espionage rather than for breaching accounts for financial gains.