Cyber Risks · Krebs on Security

U.S. Indicts North Korean Hackers in Theft of $200 Million

Summary: The U.S. Justice Department unsealed indictments against three men accused of working with the North Korean regime on the 2014 Sony Pictures hack, the 2017 WannaCry ransomware contagion, and the theft of roughly $200 million and attempted theft of more than $1.2 billion from banks and other victims worldwide. The indictments name Jon Chang Hyok, Kim Il and Park Jin Hyok, described as members of the Reconnaissance General Bureau, a DPRK intelligence division, and of the group tracked as the Lazarus Group and APT 38.

What you should know: Confirmed thefts attributed to this group include $81 million from Bangladesh Bank's SWIFT system in 2016, $6.1 million in a 2018 ATM cash-out against a Pakistani bank, and $112 million in virtual currencies taken from crypto companies in Slovenia, Indonesia and New York between 2017 and 2020 - and prosecutors say the operation exists to circumvent international sanctions and prop up the regime.

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Topics
Data Breaches
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