North Korea linked to Bangladesh Bank heist

cyber-attack
Report connects North Korea with Bangladesh $1 billion heist

A leading cyber-security firm has drawn a direct link between North Korea and the Bangladesh Bank heist, claiming orders came from an IP address within the borders of the communist nation.

Russia-based software company Kaspersky Lab published a report on April 3, detailing the events of the heist in February 2016. The researchers attributed the theft to hacking group Lazarus, whose ‘Bluenoroff’ team launched malware to gain access to secure systems.

“Seeing [its] IP in the C2 log does make

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Combatting the ever-changing cyber threats in banking

Seemanta Patnaik, co-founder and chief technology officer at SecurEyes, discusses the continually evolving challenges and threats, and possible solutions to remain resilient to cyber attacks in today’s central banking environment.

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