North Korean Hacking Group Steals $13.5 Million From Indian Bank

North Korean-linked Lazarus Group is believed responsible for stealing $13.5 million from India’s Cosmos Bank in a brazen attack that has exposed limitations in the measures banks use to defend against targeted cyber threats. The theft occurred between August 10 and August 13, 2018, and was enabled via thousands of fraudulent ATM transactions across 28 countries and by at least three unauthorized money transfers using the bank’s access to the SWIFT international financial network.

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