Wednesday, August 31, 2011

Is North Korea Targeting Banks For Cyber Attacks

Suspected North Korean Cyberattack On A Bank Raises Fears For S. Korea, Allies -- Washington Post

SEOUL — After nearly half of the servers for a South Korean bank crashed one day in April, investigators here found evidence indicating that they were dealing with a new kind of attack from an old rival: North Korea.

South Korean officials said that 30 million customers of the Nonghyup agricultural bank were unable to use ATMs or online services for several days and that key data were destroyed, making it the most serious of a series of incidents in recent months. But even more troubling was the prospect that a belligerent neighbor had acquired the tools to disrupt one of the world’s most heavily wired nations — and that even more damaging attacks could be in store.

Read more

Update #1:
North Korea blamed for cyberattack -- UPI
Update #2: N.Korea Steps Up Hacker Attacks on S.Korean Firms -- Chosun Ilbo
Update #3: North Korean Cyberattack on South Korean Bank Raises Cybersecurity Fears -- IBTimes

My Comment: Is North Korean going to stop with this one attack .... or will they start looking at other targets .... hmmmm .... like U.S. banks?

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