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How North Korean hackers target banks across the world

By FireEye

Study reveals how a spy group has tried to steal billions from financial institutions.

Image: TSGT James Mossman, U.S. Air Force ; VIRIN: DF-SD-05-03991 - Public Domain

A new study has revealed details of a group of hackers backed by North Korea that has attempted to steal over $1.1 billion dollars from financial institutions.

The fascinating report reveals the challenges that governments face in dealing with attacks that are increasingly well-sponsored and carefully planned, going so far as to wipe out any evidence afterwards.

These groups have conducted sophisticated and targeted attacks on over 16 organisations in at least 13 countries, FireEye reveals. The attacks were well-planned, with the hackers remaining in the networks for around five months on average.

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