Pyongyang Denies Raising $ 2 Billion in Cyber Attacks on Banks

North Korea has denied allegations it raised $ 2 billion in cyber attacks on banks and cryptocurrency exchanges, accusing the United States of spreading the rumors.

“The United States and other hostile forces are now spreading rumors revealing their bad intentions,” said a statement by a spokesman for the National Coordinating Committee for Combating Money Laundering and Financing of Terrorism.

The statement added, “The fabrication of such rumors by the hostile forces is nothing but a dirty game aimed at tarnishing the image of our republic and to find a justification for sanctions and the campaign of pressure against our country.”

In recent years, Pyongyang has been blamed for a series of cyber attacks mostly targeting financial networks in the United States, South Korea and more than a dozen countries.

“North Korea used large-scale and highly sophisticated cyberattacks to steal cryptocurrency banks and stock exchanges to raise the $ 2 billion it used to finance weapons of mass destruction programs,” a UN report said last month.

The core of the accusations against North Korea is its links to a cyber-hacker group called Lazaras involved in a cyber theft of $ 81 million from the Central Bank of Bangladesh in 2016 and a 2014 attack on Sony’s Hollywood studio in the United States.

Reviewer overview

Pyongyang Denies Raising $ 2 Billion in Cyber Attacks on Banks - /10

Summary

North Korea has denied allegations it raised $ 2 billion in cyber attacks on banks and cryptocurrency exchanges, accusing the United States of spreading the rumors.

0 Bad!

5 Comments

Leave a Comment