It turns out that cybertheft isn’t just for isolated hacking groups any more. Security researchers have tied together a series of attacks on banks in Bangladesh, the Philippines and Vietnam after identifying segments of code used in the 2014 Sony Pictures breach and several 2013 attacks on South Korean companies. All three of these banking attacks are now widely believed by computer security experts to have originated from North Korea.
If the allegations are correct, this marks the first time a nation state (rogue or otherwise) has been involved in a cyberattack for purely financial gain.
To make the situation even more worrying, the attackers also gained access to SWIFT, formerly thought to be the most secure banking system in the world.
In the world of international banking and finance, this is huge (read: scary) news. For the full article click here
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