North Korea Hackers Target Western Banks—Steal Millions of Dollars

Kim Jong Un wants your money! No, not the money in your pocket, but in your bank account, according to a new report. In fact, the North Korean dictator has an army of thousands of hackers who have been tasked with breaking into banks electronically around the world to steal millions.

Recently, the Central Bank of Bangladesh lost $81 million, and there’s evidence that the same hackers who may have been behind the break-in into Sony Pictures a few years ago (remember the fuss about the James Franco-Seth Rogan film, The Interview?) could be behind this intrusion as well.

It’s well-known that the Hermit Kingdom is desperate to use nearly any scheme imaginable to raise quick cash to finance its nuclear programs and the purchase of luxury items for its small elite who serve the young Kim. In the past, some of the highest-quality counterfeit U.S. one hundred dollar bills were traced to North Korean printers.

But that business has been constrained through better controls and new printing techniques employed by the U.S. Bureau of Engraving and Printing. Another business North Korea has tried its hand at is drug trafficking, but that too has been stymied through international efforts.

As Kim gets more aggressive with his new intercontinental ballistic missile program, will his hackers hit financial institutions in the United States? Watch this clip to see why you might want to make sure your bank is more secure than those in Bangladesh.


Most Popular

These content links are provided by Content.ad. Both Content.ad and the web site upon which the links are displayed may receive compensation when readers click on these links. Some of the content you are redirected to may be sponsored content. View our privacy policy here.

To learn how you can use Content.ad to drive visitors to your content or add this service to your site, please contact us at [email protected].

Family-Friendly Content

Website owners select the type of content that appears in our units. However, if you would like to ensure that Content.ad always displays family-friendly content on this device, regardless of what site you are on, check the option below. Learn More



Most Popular
Sponsored Content

These content links are provided by Content.ad. Both Content.ad and the web site upon which the links are displayed may receive compensation when readers click on these links. Some of the content you are redirected to may be sponsored content. View our privacy policy here.

To learn how you can use Content.ad to drive visitors to your content or add this service to your site, please contact us at [email protected].

Family-Friendly Content

Website owners select the type of content that appears in our units. However, if you would like to ensure that Content.ad always displays family-friendly content on this device, regardless of what site you are on, check the option below. Learn More