Nicole Perlroth
speaker
1,851 appearances
14 recordings
2 series
first heard Mar 2025
last heard 14 Jul
Nicole Perlroth’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jul 2026 with 2.
Appearances
They waited for this date because they knew the Bank of Bangladesh would be out.
Then the New York Fed would be out.
And then in the Philippines, they would be out even on that Monday.
And not until Tuesday did they get in touch with the bank and it was all too late.
$81 million had vanished.
$50 million was funneled into chips at two Manila casinos, gambled across Baccarat tables, then quietly converted back into cash.
This was the largest cyber heist of its time.
It exposed glaring vulnerabilities in the global financial system.
And it proved, once again, that we underestimate North Korea's digital ingenuity at our own cost.
When people look at North Korea and go, oh, North Korea, wiping machines, displaying skulls and crossbones.
How sophisticated this attack was.
Not only understanding the SWIFT system, finding a weakness in it, choosing the right dates to conduct this attack, having physical people on the ground to open up bank accounts to receive the money, to then launder it through casinos, to get it on airplanes and flown out of there.
This is not an attack where you had two hackers just hacking into the Bank of Bangladesh and the SWIFT system.
You have dozens of individuals all working in coordination to get this money.
And they literally almost walked away with a billion dollars, if not for a typo.
It was like in a movie where you have a bank vault heist, except for there's no masks, there's no hacking into the camera, there's no getaway cars.
There's just guys at keyboards.
And it's just amazing for a nation state to do this.
We had never, up until this moment, and actually really never since with any other nation state, seen a nation state steal cold hard cash from another country.
This was unheard of.
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