Tag: banks

North Korea Attempted To Steal $1 Billion from the Federal Reserve Bank of New York

Is this a sign that sanctions are working that the Kim regime has had to resort to bank robbery?:

north korea nuke

Security researchers have tied the recent spate of digital breaches on Asian banks to North Korea, in what they say appears to be the first known case of a nation using digital attacks for financial gain.

In three recent attacks on banks, researchers working for the digital security firm Symantec said, the thieves deployed a rare piece of code that had been seen in only two previous cases: the hacking attack at Sony Pictures in December 2014 and attacks on banks and media companies in South Korea in 2013. Government officials in the United States and South Korea have blamed those attacks on North Korea, though they have not provided independent verification.

On Thursday, the Symantec researchers said they had uncovered evidence linking an attack at a bank in the Philippines last October with attacks on Tien Phong Bank in Vietnam in December and one in February on the central bank of Bangladesh that resulted in the theft of more than $81 million.

“If you believe North Korea was behind those attacks, then the bank attacks were also the work of North Korea,” said Eric Chien, a security researcher at Symantec, who found that identical code was used across all three attacks.

“We’ve never seen an attack where a nation-state has gone in and stolen money,” Mr. Chien added. “This is a first.”  [New York Times]

You can read more at the link, but they actually almost stole $1 billion from the Federal Reserve Bank of New York. This is just another example of the danger posed by the Kim regime and why all efforts should be made to isolate and strangle the regime economically until it collapses.

Picture of the Day: Criminal Robs Banks In Air Force PT Uniform

Police and the FBI are hunting for a bank robber disguised as an airman who can’t pass the tape test.

Kansas City authorities say what appears to be “a heavy-set woman” wearing an Air Force PT jacket and pants combo is the suspect behind a bank robbery and an attempted bank robbery on Monday in Missouri, Fox4KC reports. The suspect was also seen wearing a winter-style Skull cap, dark sunglasses, black gloves and carried a laptop-style black bag.

The suspect reportedly walked up to a teller at a Capitol Federal Savings inside of a Price Chopper supermarket in the Northland area at approximately 11:41 a.m. and presented a note demanding money, Fox4KC said. The suspect escaped with an unknown amount of cash into what police believe is a blue, four-door Nissan Altima.

About 30 minutes later, a person matching suspect’s description targeted a Community America Bank inside another supermarket, Hy-Vee, approximately five miles away. The suspect walked up to the teller station, presented a note, but fled without any cash.

No one was injured in both instances. Authorities believe the suspect is acting alone.

It is unclear if the suspect’s uniform makes a “swish-swish” sound. [Flight Lines]

North Korea Reportedly Has $4 Billion In European Banks

If this is true, the North Korean regime has a lot more hard cash in reserve than I thought:

North Korean leader Kim Jong-il has US$4 billion hidden in secret accounts in European banks to continue his lavish way of life if he is forced to flee the country, the Sunday Telegraph reported.

“The money is the profits from impoverished North Korea selling its nuclear and missile technology, dealing in narcotics, insurance fraud, the use of forced labour in its vast gulag system, and the counterfeiting of foreign currency,” the British daily said. “Much of the money was held in Swiss banks until authorities there began to tighten regulations on money laundering.”

“Kim’s operatives then withdrew the money — in cash, in order not to leave a paper trail — and transferred it to banks in Luxembourg,” it added.

Swiss banks kept customers’ account information in closely guarded secret even in the case of criminals until Switzerland signed information exchange agreements with the U.S., France and other countries after the G20 summit in London last April warned that sanctions could be imposed on nations that refuse to cooperate.  [Chosun Ilbo]

You can read more at the link, but it is ridiculous that these banks are not sharing information in regards to the ill gotten money of the North Korean regime.

– See more at: http://webcache.googleusercontent.com/search?q=cache:LtyqiVMSwZ8J:rokdrop.com/page/648/%3Fchocaid%3D397+&cd=11&hl=en&ct=clnk&gl=us#sthash.LhGd9CCh.dpuf