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School of Public Policy

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    Bangladesh Bank Cyber Heist: Incident Analysis
    (Georgia Institute of Technology, 2022) Balu, Ramkumar
    In one of the largest cyber heists that took place in February 2016, the Central Bank of Bangladesh (Bangladesh Bank) lost $81 million from its account held in Federal Reserve Bank of New York. By applying Diamond model of Intrusion Analysis, the paper discusses core features and phases involved in the attack. In the later part, the paper discusses policy assessment at various levels as well as the policy impact that happened in response to the incident.