A company with over 158 years of history was recently forced to shut down after falling victim to a ransomware attack. The incident wiped out generations of legacy and left hundreds of employees out of work, showing just how devastating cyber threats can be when effective controls are missing. This tragic example highlights a critical
The Growing Cyber Threats to Bangladesh’s Critical Infrastructure Operational Technology (OT) plays a vital role in Bangladesh’s critical infrastructure, including power plants, oil & gas facilities, water treatment plants, and manufacturing units. These industries rely on Supervisory Control and Data Acquisition (SCADA) systems and Programmable Logic Controllers (PLCs) for automation and control. However, the convergence
The Growing Cybersecurity Threat to Bangladesh’s Stock Market Bangladesh’s stock exchanges, including the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), play a vital role in the country’s financial ecosystem, facilitating capital investments and economic growth. However, with increasing digitalization, the risk of cyberattacks, data breaches, fraud, and financial manipulation is at an all-time
The Growing Cybersecurity Challenges for Banks in Bangladesh Bangladesh’s banking sector is experiencing rapid digital transformation, with the adoption of online banking, mobile financial services (MFS), and digital payment platforms. However, this progress comes with increased cyber risks, including fraud, phishing attacks, ransomware, and data breaches. High-profile cyber incidents, such as the Bangladesh Bank heist,
