Menu
US issues fresh warnings of North Korean cyber threats

US issues fresh warnings of North Korean cyber threats

North Korean hackers have long been accused of targeting financial institutions

Credit: .

US Government officials have warned about the threat of North Korean hackers, calling particular attention to banking and other financial services.

The reason for the advisory, which was jointly issued by the US Departments of State, Treasury and Homeland Security, and the Federal Bureau of Investigation, was unclear. North Korean hackers have long been accused of targeting financial institutions, and the content of the warning appeared to draw on material already in the public domain.

The State Department said in an email that the advisory "collates government resources in one place" and provided recommended steps "to counter the North Korean cyber threat."

The North Korean mission to the United Nations in New York did not immediately respond to a request for comment.

North Korea is alleged to be behind an ambitious, years-long campaign of digital theft, including siphoning tens of millions of dollars in cash from ATMs, carrying out gigantic thefts at major banks, extorting computer users worldwide, and hijacking digital currency exchanges. The global money-grab has been a topic of increasing international concern.

Last year, for example, a U.N. report said North Korea had generated an estimated US$2 billion for its weapons of mass destruction programs using "widespread and increasingly sophisticated" hacking efforts.

In Wednesday's advisory, US officials said North Korea's online activities "threaten the United States and countries around the world and, in particular, pose a significant threat to the integrity and stability of the international financial system."

(Reporting by Lisa Lambert, Tim Ahmann and Raphael Satter in Washington; Additional reporting by Michelle Nichols in New York; Editing by Steve Orlofsky and Leslie Adler)


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Events

Featured

Slideshows

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

This year’s Reseller News 30 Under 30 Tech Awards were held as an integral part of the first entirely virtual Emerging Leaders​ forum, an annual event dedicated to identifying, educating and showcasing the New Zealand technology market’s rising stars. The 30 Under 30 Tech Awards 2020 recognised the outstanding achievements and business excellence of 30 talented individuals​, across both young leaders and those just starting out. In this slideshow, Reseller News honours this year's winners and captures their thoughts about how their ideas of leadership have changed over time.​

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners
Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

This exclusive Reseller News Exchange event in Auckland explored the challenges facing the partner community on the cloud security frontier, as well as market trends, customer priorities and how the channel can capitalise on the opportunities available. In association with Arrow, Bitdefender, Exclusive Networks, Fortinet and Palo Alto Networks. Photos by Gino Demeer.

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security
Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomed 2019 inductees - Leanne Buer, Ross Jenkins and Terry Dunn - to the fourth running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing face of the IT channel ecosystem in New Zealand and what it means to be a Reseller News Hall of Fame inductee. Photos by Gino Demeer.

Reseller News welcomes industry figures at 2020 Hall of Fame lunch
Show Comments