North Korean hackers ramp up bank heists: US government cyber alert

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North Korean hackers ramp up bank heists: US government cyber alert
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North Korean hackers are tapping into banks around the globe to make fraudulent money transfers and cause ATMs to spit out cash, the U.S.

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 .

US law enforcement titled the hacking campaign “Fast Cash” and blamed North Korea’s Reconnaissance General Bureau, a spy agency, for it. They described the operation as going on since at least 2016 but ramping up in sophistication and volume recently.

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