Federal Authorities Warn That North Korean Hackers Are Ramping Up Bank Heists | WHAT REALLY HAPPENED

Federal Authorities Warn That North Korean Hackers Are Ramping Up Bank Heists

The United States has alleged that sophisticated hacking operations sourced out of North Korea are becoming an increasing threat, and have claimed that Pyongyang is taking part in a rising number of cyberattacks.

A warning from the US government on Wednesday claims that North Korean hackers are tapping into banks around the world to make fraudulent money transfers and cause ATMs to spit out cash.

A technical cybersecurity alert commissioned by four federal agencies, including the Treasury Department and the FBI, wrote that the North Korean government has initiated new hacking efforts recently following decreased activity.

“Since February 2020, North Korea has resumed targeting banks in multiple countries to initiate fraudulent international money transfers and ATM cash outs”, the warning states.

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