In brief: It is of little importance to give a spelling mistake unless it costs a million dollars. This is a story of some hackers targeting the bank of Bangladesh and was in part a successful attempt to transfer millions of money until the authorities realized that something was wrong when they saw their silly spelling mistake.
It was not their fault, it was the rush of money that hacked the hackers to write quickly and make a typographical error. And they could never imagine a typographical mistake would cost them millions, instead of leaving history for one of the biggest bank jokes in history.
The story goes somewhat like this: A group of cyber criminals hacked servers from the bank of Bangladesh. After they broke it server, hackers managed to get $ 81 million by sending money transfers with the Federal Reserve Bank of New York. Money transfer requests were for different companies in the Philippines and Sri Lanka.
There were a total of 13 transfer requests and it all worked well up to a spelling error to create a problem. After completing four successful transfers, the team lost control for a while and wrote the word "foundation" wrongly, typing it as "fandation". Just one spelling wrongly drew the authorities' attention to the Federal Reserve Bank. So, they decided to stop any further money transfers.
These 13 transfers would cost more than $ 800 million if the hackers had noticed their spelling. Luckily, the bank of Bangladesh has managed to recover some of them stolen money and is now working with the money-laundering authority to track down the others.
If there had been no sloppy misspelling, the hackers they would have become rich and their fortunes would be completely different!