The World Once Laughed at North Korean Cyberpower. No More. [telecom]

The World Once Laughed at North Korean Cyberpower. No More.

While the world is fixated on its nuclear missiles, North Korea has also developed a cyberattack program that is stealing millions and unleashing havoc.

When North Korean hackers tried to steal $1 billion from the New York Federal Reserve last year, only a spelling error stopped them. They were digitally looting an account of the Bangladesh Central Bank, when bankers grew suspicious about a withdrawal request that had misspelled "foundation" as "fandation."

Even so, Kim Jong-un's minions still got away with $81 million in that heist.

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Posted 5 years ago by Monty Solomon in General Telecommunications Forum

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