North Korean Financial Hacking Group Revealed

Kim Jong Un

North Korean hackers are engaged in sophisticated financial hacking operations that have targeted at least $1.1 billion in thefts from nearly a dozen countries ranging from Asia to South America to Europe, according to a new report by a noted cyber security group.

Using a combination of fraudulent emails, malicious software and destructive cyber attacks, the North Korean group dubbed APT38 is distinct from Pyongyang’s other cyber espionage and political operations, such as the 2014 cyber attack against Sony Pictures Entertainment, according to a report by the cyber security firm FireEye.