WASHINGTON (REUTERS) - North Korean hackers are tapping into banks around the globe to make fraudulent money transfers and cause ATMs to spit out cash, the US government warned on Wednesday (Aug 26).. Read more at straitstimes.com.
WASHINGTON - North Korean hackers are tapping into banks around the globe to make fraudulent money transfers and cause ATMs to spit out cash, the US government warned on Wednesday .
"Since February 2020, North Korea has resumed targeting banks in multiple countries to initiate fraudulent international money transfers and ATM cash outs," the warning reads. They described the operation as going on since at least 2016 but ramping up in sophistication and volume recently. "North Korean cyber actors have demonstrated an imaginative knack for adjusting their tactics to exploit the financial sector as well as any other sector through illicit cyber operations," Bryan Ware, a senior cybersecurity official at the US Homeland Security Department, said in a prepared statement.
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