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North Korea spend BB’s heist money to develops nuclear: Kaspersky

MNA Editorial Desk: North Korea was involved in last year’s $81 million cyber heist of the Bangladesh central bank’s account at the Federal Reserve Bank of New York, Cyber security firm Kaspersky Lab on Monday said as it had obtained digital evidence that bolsters suspicions by some researchers.

Russian-based Kaspersky released a 58-page report on Lazarus, a group linked to the heist in Bangladesh and the 2014 attack on Sony’s Hollywood studio, which the US government blamed on North Korea.

North Korea’s hacking operations are growing and getting bolder and increasingly targeting financial institutions worldwide.

North Korea is now being linked to attacks on banks in 18 countries, according to the report. And the stolen money is likely being spent advancing North Korea’s development of nuclear weapons, according to two international security experts.

Banks and security researchers have previously identified four similar cyber-heists attempted on financial institutions in Bangladesh, Ecuador, the Philippines and Vietnam.

But researchers at Kaspersky now say the same hacking operation — known as “Lazarus” — also attacked financial institutions in Costa Rica, Ethiopia, Gabon, India, Indonesia, Iraq, Kenya, Malaysia, Nigeria, Poland, Taiwan, Thailand, and Uruguay.

The Bangladesh Bank heist was one in a string of financially motivated cyber-attacks by a division of Lazarus dubbed Bluenoroff, the Kaspersky report said.

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