Statement on Media Reports About Bangladesh - FEDERAL RESERVE BANK of NEW YORK

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Statement

Statement on Media Reports About Bangladesh

March 9, 2016

"To date, there is no evidence of any attempt to penetrate Federal Reserve systems in connection with the payments in question, and there is no evidence that any Fed systems were compromised.

The payment instructions in question were fully authenticated by the SWIFT messaging system in accordance with standard authentication protocols. The Fed has been working with the central bank since the incident occurred, and will continue to provide assistance as appropriate."

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