North Korean-backed bank hacking on the rise, US officials say [CNN]
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Source: CNN
North Korean-backed bank hacking on the rise, US officials say "Straight up cyber bank theft -- that's a significant piece of what they do in cyberspace," Demers said in an exclusive interview with CNN. US prosecutors first noticed the sophistication of the North Koreans in the 2014 hack of Sony Pictures Entertainment, in which hackers broke into the company's systems and began releasing embarrassing internal emails and documents in retaliation for a Sony movie satirizing North Korean leaders. Since then, the increasing effectiveness of sanctions has prompted the North Koreans to turn to cybercrime to steal money. Anthony Ferrante, a former FBI and White House cybersecurity official, says that in just a few years the North Korean intelligence services have grown capable of stealing large sums through sophisticated methods. "The North Koreans have quickly become the world's most advanced and persistent digital bank robbers," says Ferrante, now head of cybersecurity at FTI Consulting an
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