On Wednesday, the Department of Justice shed more light on one of those scams: working with North Korean hackers to launder funds stolen from a Maltese bank. The Bank of Valletta confirmed to Forbes that it was the target of a cyber incident in February ... [+] 2019. The three North Koreans are described in the statement as being connected to “North Korean military hacking units” known in the cybersecurity community as Lazarus Group and Advanced Persistent Threat 38 (APT38). Abbas was linked to the North Korean conspiracy this week when federal prosecutors unsealed a charge against Ghaleb Alaumary, 37, of Ontario, Canada. Alaumary plead guilty to charges related to his role as a money launderer for the North Korean group filed in November 2020.

Source: Forbes February 19, 2021 16:30 UTC