The central bank's recast governing board meets today (Wednesday) to find way of ensuring unassailable integrated IT security systems to avert recurrence of digital fraud, officials said.
It will be a second meeting in a week after the maiden one of the new Bangladesh Bank (BB) board held on April 6, against the backdrop of its overseas account heist by a trans-national racket of cybercriminals.
Discussion on the cyber heist that occurred in the BB's foreign-exchange reserve account with the Federal Reserve Bank of New York early February is on top of the agenda, a senior BB official told the FE Monday.
He also said the overall cyber-security system in the country's banking industry may be discussed at the top policymaking meeting.
"Besides, a few number of purchase agendas will be placed at the meeting for approval," another BB official told the FE.
He also said recovery position on the stolen $81 million from the Philippines will be unveiled at the meeting.
Earlier on April 6 last, the recast BB board in its first meeting had asked top management to ensure its foolproof IT security to avert any such cybercrime.
Currently, a two-member BB team and a three-member one of the Criminal Investigation Department (CID) are in the Philippines to help the Bangladesh ambassador and other authorities concerned there in recovering the $81 million stolen from its account with the US Fed.
"We're working to recover our stolen money from the Philippines as early as possible," another BB official said, without elaborating.
The cyber fraud took place on the night of February 4 through sending a total of 35 transfer orders into the US Federal Reserve Bank in New York where the central bank of Bangladesh maintains a foreign-exchange account.
Nearly $20 million of the $101 million siphoned off was recovered from Sri Lanka. The lion's share of the money landed in the Philippines.
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