A North Korean hacking group known as Lazarus Group is believed to be behind the cyberattack that stole $135 million from an Indian bank. The group is infamous for its cybercrime activities, with past attacks targeting financial institutions, government organizations, and cryptocurrency exchanges.
The North Korean hacking group used sophisticated hacking techniques to infiltrate the Indian banks systems and facilitate the theft of $135 million. The attack was reportedly orchestrated through a phishing campaign, which tricked bank employees into unwittingly providing access to sensitive information.
The cyberattack on the Indian bank has raised concerns about the security of financial institutions worldwide. The theft of $135 million represents a significant loss for the bank, highlighting the need for enhanced cybersecurity measures to prevent future attacks from malicious actors like the North Korean hacking group.
Financial institutions can protect themselves from cyberattacks by implementing robust cybersecurity protocols, training employees on cybersecurity best practices, conducting regular security audits, and investing in advanced security technologies.
International cooperation plays a crucial role in combating cybercrime, as cyberattacks can transcend national borders. By collaborating with law enforcement agencies from different countries and sharing threat intelligence, governments and organizations can better identify and apprehend cybercriminals.
If the North Korean hacking group responsible for the cyberattack on the Indian bank is identified and apprehended, they could face legal repercussions and sanctions imposed by the international community. Additionally, the stolen funds may be frozen or confiscated to prevent further illicit activities.
Overall, the cyberattack on the Indian bank by the North Korean hacking group serves as a stark reminder of the ongoing threats posed by cybercriminals and the importance of strengthening cybersecurity defenses to safeguard against such attacks.|
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$13.5 million stolen from Indian bank by North Korean hacking group