InfoSecBulletin Cybersecurity for mankind
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.
CISA alerts to cyberattacks affecting U.S. water utilities
“CyberStrike” AI-Driven Security Platform for Automated Testing
AIDCQ Propose to invest $2 billion in AI data center in Bangladesh
NVIDIA BlueField Flaw Enables Code Execution Attacks
Massive customer data from India’s Bank of Baroda surfaced online
Active Exploits Hit Fortinet, Arista: AI Discovered Linux Kernel Zero-Day
Sam Altman Claims AI “singularity” has arrived, Where Systems Improve by Themselves
Shinyhunters claimed and set deadline to publish E&Y data
Microsoft, NVIDIA and CrowdStrike Initiate Alliance for Open-Source AI Security
Google Search Results Reportedly Show Claude AI Shared Chats
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.
