North Korea hacking increasingly focussed on making money more than espionage -South Korea study


  • World
  • Friday, 28 Jul 2017

A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration

SEOUL (Reuters) - North Korea is behind an increasingly orchestrated effort at hacking into computers of financial institutions in South Korea and around the world to steal cash for the impoverished country, a South Korean state-backed agency said in a report.

In the past, suspected hacking attempts by North Korea appeared intended to cause social disruption or steal classified military or government data, but the focus seems to have shifted in recent years to raising foreign currency, the South's Financial Security Institute (FSI) said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

2 foreign tourists killed in road accident in Namibia
U.S. dollar ticks down
News Analysis: T�rkiye keeps key policy rate unchanged amid soaring inflation
Germany's Merck invests 300 mln euros in life science facility
5 Tanzanian crew members, Zanzibar registered cargo ship missing in Indian Ocean
Interview: Zimbabwe seeks to harness China's innovation experience for dndustrialization, says minister
DRC reports over 24,000 malaria-related deaths in 2023
Somalia cuts malaria prevalence to 4 pct in 2023, despite new strains: WHO
Roundup: IOM urges action to prevent migrant tragedies in the Red Sea
South Africa aims to eliminate malaria by 2028

Others Also Read