Finance Breaking news US warns North Korean hackers are back last financial news

Breaking-Finance.Com - US authorities are warning that a North Korean-controlled hacking team called the BeagleBoyz has stepped up its attacks on banks around the world, attempting multiple fraudulent money transfers and ATM cash outs.

Finance Breaking news US warns North Korean hackers are back last financial news

Breaking-Finance.Com - US authorities are warning that a North Korean-controlled hacking team called the BeagleBoyz has stepped up its attacks on banks around the world, attempting multiple fraudulent money transfers and ATM cash outs.

Finance Breaking news US warns North Korean hackers are back last financial news
27 August 2020 - 13:00

Breaking-Finance.Com - US authorities are warning that a North Korean-controlled hacking team called the BeagleBoyz has stepped up its attacks on banks around the world, attempting multiple fraudulent money transfers and ATM cash outs. A UN report last year estimated that North Korea has generated $2 billion in revenues for its weapons programme through the state-sponsored looting of financial institutions and cryptocurrency exchanges. A US alert earlier this year listed a host of acts believed to have been carried out by the North Koreans, including the 2016 Bangladesh Bank heist, the WannaCry ransomware campaign, the FASTCash ATM cashout scam, and a $250 million digital currency exchange hack.

. In particular, a team called the BeagleBoyz is posing "severe operational risk for individual firms," says the alert, citing a 2018 attack on a bank in Africa which could not resume normal ATM or point of sale services for its customers for almost two months following an attempted FASTCash incident. The gang has targeted banks in dozens of countries over the last five years, netting hundreds of millions of dollars for the North Korean regime, says the alert.

Source = Breaking-Finance.Com

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Finance Breaking news US warns North Korean hackers are back last financial news


Finance Breaking news US warns North Korean hackers are back last financial news


Finance Breaking news US warns North Korean hackers are back last financial news


Finance Breaking news US warns North Korean hackers are back last financial news

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