The $1,000,000,000 North Korean Bank Heist

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Channel Description:
We do videos on intriguing & thought-provoking Asiany topics, including stereotypes, history, culture & geography.

Credits:
Researcher: Kento Bento, Isambard Dexter
Writer/Narrator: Kento Bento
Illustrator: Charlie Rodriguez
Video Editor: Kento Bento
Official Cheerleader: Nina Bento

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[THE $1 BILLION NORTH KOREAN BANK HEIST]

Bangladesh, February 7th, 2016.

The director of the Bangladesh Central Bank got off the elevator on the ninth floor, and headed to the back office of the Accounts and Budgeting Department – this was the most restricted part of the building. He was there to deal with a problem; one that had been plaguing the office the last few days. You see… the printer wasn’t working; this was kind of a big deal. It was causing a real disruption.

The automated printer (which was hooked up to the bank’s software) was supposed to work round the clock, 24/7, printing out the bank’s transaction reports in real-time; due to this technical glitch however, the printer tray remained empty.

Much of the day was spent trying to fix the issue; and after a great deal of effort, there was success – they were able to restart the printer. And so the backlog of transaction reports started rolling out, one by one. Now, it soon became apparent that something wasn’t quite right. There were more statements than expected….

The video covers:

– Bangladesh Bank
– SWIFT security system
– World banking
– Fraudulent transactions
– Dhaka
– Billion dollar heist
– Cyber-heist / cyber-attack
– RCBC Bank in Philippines
– Malware hacking
– Federal Reserve Bank of New York (New York Fed)
– Electronic money transfers
– Pan Asia Bank in Sri Lanka
– Deutsche Bank
– Money laundering in casinos
– Single biggest heist in history
– Cyber security experts
– Lazarus
– Sony Pictures Hack 2014
– Kim Jong-un in The Interview
– North Korea’s state funded bank robbing
– Macau’s & Pyongyang’s financial relationship

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