The Bangladeshi government has filed a lawsuit at the US District Court in the Southern District of New York against Philippine bankers who conspired with North Korean hackers to steal US $81 million from Bangladesh’s Central bank. In 2016 the Central Bank of Bangladesh held funds at the US Federal Reserve Bank in New York which were fraudulently transferred to Rizal Commercial Banking Corp. (RCBC) in the Philippines by hackers. The cyber-heist included eight RCBC officers who conspired with casino operators, Chinese citizens and the hackers who are believed to be North Korean. The court in this case will have to deal with multiple questions of jurisdiction since it is a multinational cybercrime.
Jurisdiction is the authority of the court and state organs to decide on legal cases. The relationship between jurisdiction and the Internet has been ambiguous, since jurisdiction rests predominantly on the geographical division of the globe into national territories. Each state has the sovereign right to exercise jurisdiction over its territory.
Cybercrime is crime committed via the Internet and computer systems. One category of cybercrimes are those affecting the confidentiality, integrity and availability of data and computer systems; they include: unauthorised access to computer systems, illegal interception of data transmissions, data interference (damaging, deletion, deterioration, alteration of suppression of data), system interf