North Korea Jails Elite State Hackers For Breaching Its Central Banks: Report


North Korea’s military says it has detained an elite group of people who have tampered with their government-taught skills against the country’s economic system.

These agencies look to the big state banks to divert public funds and transfer money through digital channels, reports Etc.

Former security forces officials are said to have roped in graduates from reputed technical schools to develop the project undercover.

“The ring turned the money stolen from the government into cryptocurrency and smuggled a lot of foreign currency into the border areas, the source said…

The breach occurred at the height of North Korea’s economic boom. It came from within, done by the country’s IT staff. “

Students relied on imported wireless devices and the use of secure communications to avoid surveillance while moving money across borders.

Daily NK reports that news of the attack has raised concerns among senior officials, the military and academics across the country.

“Officials in the Reconnaissance and Intelligence General Bureau and in the country’s science and technology education sector say they are being cautious because they are worried that the case could spread to them as well.”

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