Bangladesh Bank has issued regulations stating that the Managing Directors (MDs) and Deputy Managing Directors (DMDs) of the weaker banks involved in the merger will lose their jobs. This was announced on Thursday, April 4th.
The director of the struggling bank resulting from the merger cannot hold any director position in another bank for 5 years. Four annexures on various topics are provided with the policy.
By infosecbulletin
/ Wednesday , September 17 2025
A threat actor claims to have breached Link3, a major IT solutions and internet service provider based in Bangladesh. The...
Read More
By infosecbulletin
/ Wednesday , September 17 2025
Check point, a cyber security solutions provider hosts an event titled "securing the hyperconnected world in the AI era" at...
Read More
By infosecbulletin
/ Tuesday , September 16 2025
Cross-Site Scripting (XSS) is one of the oldest and most persistent vulnerabilities in modern applications. Despite being recognized for over...
Read More
By infosecbulletin
/ Monday , September 15 2025
Every day a lot of cyberattack happen around the world including ransomware, Malware attack, data breaches, website defacement and so...
Read More
By infosecbulletin
/ Monday , September 15 2025
A critical permission misconfiguration in the IBM QRadar Security Information and Event Management (SIEM) platform could allow local privileged users...
Read More
By infosecbulletin
/ Monday , September 15 2025
Australian banks are now using bots to combat scammers. These bots mimic potential victims to gather real-time information and drain...
Read More
By infosecbulletin
/ Saturday , September 13 2025
F5 plans to acquire CalypsoAI, which offers adaptive AI security solutions. CalypsoAI's technology will be added to F5's Application Delivery...
Read More
By infosecbulletin
/ Saturday , September 13 2025
The Villager framework, an AI-powered penetration testing tool, integrates Kali Linux tools with DeepSeek AI to automate cyber attack processes....
Read More
By infosecbulletin
/ Saturday , September 13 2025
Samsung released its monthly Android security updates, addressing a vulnerability exploited in zero-day attacks. CVE-2025-21043 (CVSS score: 8.8) is a...
Read More
By infosecbulletin
/ Saturday , September 13 2025
Albania has appointed the first AI-generated government minister to help eliminate corruption. Diella, the digital assistant meaning Sun, has been...
Read More
Banks in poor condition will be merged if they don’t do it voluntarily. They must sign a memorandum of understanding before the merger. A detailed plan, including repayment plans for depositors, creditors, and investors, must be submitted.
Bangladesh Bank will use external auditors to assess the bank’s financial situation. After completing the necessary steps, the final merger application must be submitted to the court.