The $1,000,000,000 North Korean Bank Heist

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Channel Description:
Animated documentary-style videos on extraordinary Asian events.

Staff:
Kento Bento — Research, script, narration, music, video editing, motion graphics, illustration storyboard
Charlie Rodriguez — Illustration
Isambard Dexter — Research

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The $1,000,000,000 North Korean Bank Heist

Bangladesh, February 7th, 2016. The director of the Bangladesh Central Bank got off the elevator on the ninth floor, and headed to the back office of the Accounts and Budgeting Department. This was the most restricted part of the building. He was there to deal with a problem, one that had been plaguing the office the last few days.

You see, the printer wasn’t working, and this was kind of a big deal. It was causing a real disruption.

The automated printer, which was hooked up to the bank’s software, was supposed to work round the clock, 24/7, printing out the bank’s transaction reports in real-time. Due to this technical glitch however, the printer tray remained empty.

Much of the day was spent trying to fix the issue; and, after a great deal of effort, there was success. They were able to restart the printer. And so the backlog of transaction reports started rolling out, one by one.

Now, it soon became apparent that something wasn’t quite right. There were more statements than expected...

Talking Points:
- Bangladesh Bank
- SWIFT security system
- World banking
- Fraudulent transactions
- Dhaka
- Billion dollar heist
- Cyber-heist / cyber-attack
- RCBC Bank in Philippines
- Malware hacking
- Federal Reserve Bank of New York (New York Fed)
- Electronic money transfers
- Pan Asia Bank in Sri Lanka
- Deutsche Bank
- Money laundering in casinos
- Single biggest heist in history
- Cyber security experts
- Lazarus
- Sony Pictures Hack 2014
- Kim Jong-un in The Interview
- North Korea's state funded bank robbing
- Macau's & Pyongyang's financial relationship

[KentoBento]

🇰🇵 Yet another North Korea video from Kento Bento. Are you guys getting sick of these yet?

[tatocta]

Bank: I have millions of dollars.

Also bank: I only have one printer, no backups

[tymproductionsofficial]

Plot twist:
The bank had dashlane installed so there was no heist

[Saunakiuas]

"But it actually started 9 months earlier". Congratulations sir, you have a healthy bank heist.

[Extrinoo]

Hackers: Lets use extremely smart timing to ensure they can't trace us
Also Hackers: F A N D A T I O N

[MatthewChenIsAwesome]

> Perfectly times attack to delay realization


> Loses $20 million because of "fandation"

[NanduKrishnanNKSanandu]

I like how people in NK are not even given full internet access and then there are these guys fooling the whole world with their expertise in hacking

[johngrisum]

Banks: "We handle trillions of dollars in transactions every year".
Also Banks: "We can't hire a few employees to monitor crucial banking systems because of a holiday or the weekend".

[coreyt]

Imagine if it was just some random computer kids and now they're sat on an island somewhere after framing an entire country for the attack

[laylabug]

I can't be the only one who got one of these videos in their recommended and is now addicted

[colonialfrenchdude]

This dude could tell me the history of a grain of salt and I would listen to it

[anony]

When you accidentally click on a email so North Korea gets nukes.

[dr.potato]

Actually that was impressive. The delays, the timing just brilliant.

[BmoreHtown]

2:56 *when u mistakenly click on a a spam email that almost costs your country $1B dollars* 😳💻📉

[CYMotorsport]

8:25 the public documents state the flagged misspelling was “Fundation” which feels more ironic on multiple levels thus I had to mention the correction

[Tcuder]

this guys transitions into ads are ABSOLUTELY AMAZING AND SMOOTH

[Matt-fhbk]

I would pay to see a good movie about this

[experimen]

Imagine losing 20 million dollars coz you can’t spell “foundation”...

[whyamihere]

Plot twist:
The mastermind behind this was a 13 year old who studied about holidays and time zone.

[hossainsalman]

I am from Bangladesh and here in my country we didn’t know the full story of 1B heist.
It was only reported to be the actually money that we lost. And our corrupt government didn’t take any major responsibility.