5 November 2017

World War 3: Banks preparing defences against INTENSE cyber attacks from North Korea


North Korea has been hacking financial networks for years but hacking could intensify as Pyongyang weighs the threat of US military action over its nuclear programme. Tensions between Washington and Pyongyang have been building after a series of nuclear and missile tests by North Korea and fiery verbal exchanges between President Donald Trump and Kim Jong-un. According to chief technology officer at cybersecurity firm CrowdStrike, Dmitri Alperovitch, North Korean hackers have stolen hundreds of millions of dollars from banks during the past three years, including a heist in 2016 at Bangladesh Bank.

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