US offers $5 Million for information regarding North Korean Hackers

Click to access DPRK_Cyber_Threat_Advisory_04152020_S508C.pdf

Observed tactics include:

• • • Attacks and thefts from banks and other financial entities
    • Attacks and thefts from cryptocurrency exchanges
    • Cryptojacking operations — where North Korean hackers compromise servers worldwide to mine cryptocurrency
    • Various types of extortion campaigns, such as:

  – Compromising an entity’s network and threatening to shut it down unless the victim pays a ransom

• – Getting paid to hack websites on behalf of third-party clients, and then extorting the targets

US officials say a lot of these attacks have targeted the financial sector, from where North Korean hackers have stolen funds in excess of $2 billion, which have been laundered back into the hermit kingdom.

The US says these hacks are now posing “a significant threat to the integrity and stability of the international financial system.”