Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

3/23/2017
09:20 AM
50%
50%

US May Charge North Korea in Bangladesh Bank Cybertheft

The potential case accuses North Korea, and suspected Chinese middlemen, of spearheading an $81-million theft from Bangladesh Bank.

The US is preparing potential cases against North Korea and Chinese middlemen for their direct involvement in last year's $81-million Bangladesh Bank cyberheist, Reuters says, quoting a Wall Street Journal (WSJ) report.

North Korea officials may not be directly implicated, but the charge is likely to be of a foreign country directing the theft. Middlemen could face US Treasury sanctions, reports the WSJ.

It has long been suspected that North Korea was behind the Bangladesh Bank theft. Only recently did the US government go public about the case when Richard Ledgett of the National Security Agency made a reference to it. 

The February 2016 Bangladesh Bank theft involved an illegal transfer of $81 million from its account at the Federal Reserve using fraudulent SWIFT messaging. Investigations have been ongoing with the bank authorities, Fed, and SWIFT blaming each other for negligence. SWIFT has since seen a number of more bank thefts using its system.

Read full story here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Oldest First  |  Newest First  |  Threaded View
RyanSepe
100%
0%
RyanSepe,
User Rank: Ninja
3/24/2017 | 2:42:12 PM
Enforcement Body
Between countries who would be the entity to enforce punishment for a crime such as this?
Edge-DRsplash-10-edge-articles
7 Old IT Things Every New InfoSec Pro Should Know
Joan Goodchild, Staff Editor,  4/20/2021
News
Cloud-Native Businesses Struggle With Security
Robert Lemos, Contributing Writer,  5/6/2021
Commentary
Defending Against Web Scraping Attacks
Rob Simon, Principal Security Consultant at TrustedSec,  5/7/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-32606
PUBLISHED: 2021-05-11
In the Linux kernel 5.11 through 5.12.2, isotp_setsockopt in net/can/isotp.c allows privilege escalation to root by leveraging a use-after-free. (This does not affect earlier versions that lack CAN ISOTP SF_BROADCAST support.)
CVE-2021-3504
PUBLISHED: 2021-05-11
A flaw was found in the hivex library in versions before 1.3.20. It is caused due to a lack of bounds check within the hivex_open function. An attacker could input a specially crafted Windows Registry (hive) file which would cause hivex to read memory beyond its normal bounds or cause the program to...
CVE-2021-20309
PUBLISHED: 2021-05-11
A flaw was found in ImageMagick in versions before 7.0.11 and before 6.9.12, where a division by zero in WaveImage() of MagickCore/visual-effects.c may trigger undefined behavior via a crafted image file submitted to an application using ImageMagick. The highest threat from this vulnerability is to ...
CVE-2021-20310
PUBLISHED: 2021-05-11
A flaw was found in ImageMagick in versions before 7.0.11, where a division by zero ConvertXYZToJzazbz() of MagickCore/colorspace.c may trigger undefined behavior via a crafted image file that is submitted by an attacker and processed by an application using ImageMagick. The highest threat from this...
CVE-2021-20311
PUBLISHED: 2021-05-11
A flaw was found in ImageMagick in versions before 7.0.11, where a division by zero in sRGBTransformImage() in the MagickCore/colorspace.c may trigger undefined behavior via a crafted image file that is submitted by an attacker processed by an application using ImageMagick. The highest threat from t...