Typo costs hackers nearly 1 billion dollars

Typos can be very costly as many print shops know. But not as costly as the mistake hackers made whilst preparing transfers from the Bangladesh Central Bank they hacked. Several transfers for about 81 million US$ had already gone through when they mistyped Foundation so that it read Fandation. Staff at Deutsche Bank noticed this and after checking it appeared that the Bangladeshi bank was hacked. A further 850 million US$ was prevented from being transferred out.
Very costly mistake, but one that proves that good IT security measures are necessary for any company or organisation. We at Blokboek.com have long ago learned that when we were hacked by an illegal gambling site which disabled our site for several hours.