North Korea Cyber Attacking banks around the world to fund its nuclear program


Researchers from Kaspersky Lab claimed that North Korea is launching cyber attacks on Banks around the world in order to fund its Nuclear Program. The cyber security firm added that it has enough digital evidence to prove that N Korea was involved in last Year’s cyber heist of $81 million siphoned from the account of Bangladesh Central Bank’s account at the Federal Reserve Bank of New York.

Security Experts from the Russian cyber security firm fear that the stolen money is being used to fund Kim Jong Un’s plan to create a long-range nuclear missile systems targeting three developed nations.

Anthony Ruggiero, a senior member working for the foundation for Defense of Democracies confirmed this news to CNN and added that North Korea has very malicious intentions to bring the whole world to its feet.

So far, the cyber team called Lazarus from North Korea has targeted banks, financial institutions, trading companies, casinos and digital currency businesses in at least 18 countries. This includes Poland, India, Thailand, Nigeria, Kenya, Malaysia, Iraq, Taiwan and Indonesia.

Releasing a 58-page report on Lazarus, Russia-based Kaspersky added that the same hacking group was linked them to 2014’s cyber attack on Sony’s Hollywood studio.

The report claims that North Korean hackers are using IP addresses to connect to servers in Europe. The servers then start acting as control systems infected by the group.

Readers have to make a note that US Officials have already declared Pyongyang, the capital city of North Korea, as an Intelligence Center for all North Korean cyberspace related activities.

US President Donald Trump has made it clear that he is no longer going to tolerate the activities of North Korea in cyberspace. The 45th US President added that he also go to an extent of taking down a nation if it treats the security and integrity of America and its populace.

Naveen Goud
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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