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Sanctions motivated NK cybercrimes: US officials

Sanctions motivated NK cybercrimes: US officials (Geopolitical, Terrorism)

NATIONAL US intelligence authorities say North Korea carried out cybercrimes such as cryptocurrency mining and bank theft to get around sanctions, according to US broadcaster Voice of America. Tonya Ugoretz, deputy assistant director of the FBI’s cyber readiness, outreach and intelligence branch, said Wednesday at a conference hosted by private US think tank the Aspen Institute that sanctions had motivated North Korea to carry out the hacking of Sony Pictures Entertainment in 2014, the Bangladesh Bank robbery in 2016 and the WannaCry ransomware incident in 2017. (REUTERS)In September last year, the US Justice Department charged a North Korean programmer named Park Jin-hyok in connection with the string of malware attacks. “Sanctions are having an economic impact, so cyber operations are a means to make money, whether it’s through cryptocurrency mining or bank theft,” Ugoretz was quoted as saying by VOA.

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