SecOps vs. North Korean Hackers
September 1, 2020
The North Koreans are stealing lots of money. They’re very good at it. The truth is if you don’t have SecOps (Security Operations) buttoned up from top to bottom, you could be their next target!
The world got their first taste of what the North Koreans are capable of back in 2016 when they attacked the Bangladesh Central Bank and nearly stole just under a billion dollars.
Because the Central Banks SecOps and IT Operations teams weren’t properly aligned, a group of North Korean hackers known as the “Beagle Boyz”, were able to breach the bank’s infrastructure by sending one email… That’s all it took, one email.
Although there were fail safe’s in place (in NYC) that prevented several of the fraudulent transactions from taking place, the Beagle Boyz were still able to get away with an enormous sum of money.
The North Koreans have continued these kinds of attacks ever since and there are several new reports claiming they’re going to become more frequent due to increased infrastructure vulnerabilities created by remote or work from home situations. They’re robbing banks and corporations around the globe by draining ATM’s and initiating fraudulent financial transactions by using spear phishing attacks with infected emails.
In this episode of The Hacks, Tom and Chunga talk about SecOps and discuss different strategies that can be used to protect your digital infrastructure. Implementing many of these defenses is much easier than you may think. Listen now to learn more!
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