Hackers tied to the North Korean government are attacking ATMs globally to fund the cash-strapped country to keep up with its nuclear weapons programme, four US federal agencies have warned. One North Korean hacking team has attempted to steal nearly $2 billion from ATMs in more than three dozen countries. The hackers are "trying to rob banks across the globe by draining ATMs and initiating fraudulent money transfers", The Wall Street Journal reported on Wednesday. The agencies issued the joint technical alert about the ongoing ATM cash-out scheme by North Korean government cyber actors - referred to as "FASTCash 2.0: North Korea`s BeagleBoyz Robbing Banks". "North Korean cyber actors have demonstrated an imaginative knack for adjusting their tactics to exploit the financial sector as well as any other sector through illicit cyber operations," said Bryan Ware, Assistant Director of Cybersecurity, CISA.

Source: dna August 27, 2020 05:48 UTC