North Korean hacking gang targets banks worldwide, US Government warns

Graham Cluley writes:

The US government has issued an alert about an active hacking team that has used malware to help them steal millions of dollars from banks around the world.

A North Korean government-backed hacking group, known as the BeagleBoyz, are named as the group responsible for the attacks which are estimated to have attempted to steal as much as US $2 billion through ATM cashouts, abuse of the banking industry’s SWIFT money transfer network, and attacks on cryptocurrency exchanges.

Perhaps most infamously, the BeagleBoyz – a subset of the Hidden Cobra cybercrime group, also known variously as Lazarus, the Guardians of Peace, or Whois Team – are being blamed for the attempted theft of US $1 billion from the Bank of Bangladesh in 2016.

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