Economic warfare via economic espionage is exactly what this is, without a doubt. As the article states, these are shots being fired at America and the Western financial system. The goal, a means to an end, is to create a lack of confidence in the system and eventually provide an alternative to the United States-dominated world.
Hackers employed by the Chinese state are making a profit selling access to breached banks to organized crime groups
A group of cybercriminals has breached and mapped the global banking system, and in a series of attacks has so far stolen $81 million from the central bank of Bangladesh. Experts believe the attacks were done using fraudulent messages on a money transfer network connected to the banking system.
Investigations into the ongoing attacks are still underway, and related attacks on other banks are still being uncovered. Some experts are pinning the attack on hackers from North Korea, since the tools they used share similarities to the November 2014 hack of Sony Pictures Entertainment.
According to an insider with direct knowledge of the recent attacks, however, the culprit behind the digital bank robberies is much larger. The insider requested to remain anonymous due to security concerns, and was able to provide evidence to support his claims. Continue reading