Arab Press

بالشعب و للشعب
Friday, Nov 14, 2025

U.S. Calls North Korean Hackers ‘World’s Leading Bank Robbers’

U.S. Calls North Korean Hackers ‘World’s Leading Bank Robbers’

North Korea was accused of being behind the 2014 hack of an internal computer network of Sony Pictures Entertainment Inc., an audacious attack that exposed Hollywood secrets and destroyed company data.

On Wednesday, U.S. officials said that was only the beginning.

In indicting three North Korean computer programmers for their involvement in the Sony hack and other attacks on global banking, financial, entertainment and cryptocurrency entities, the U.S. Justice Department accused them and a group of conspirators of extorting more than $1.3 billion of cash and cryptocurrency.

The attacks included the attempted theft of nearly $1 billion from the central bank of Bangladesh in 2016, and a year later, holding two Central American casinos hostage for more than $2.5 million in ransom, according to U.S. officials.

More recently, the group has focused on stealing cryptocurrencies, according to prosecutors. The hackers discreetly injected malicious software into their own line of digital currency applications, granting them access to the devices of their victims, which included cryptocurrency companies in Slovenia and Indonesia and an unnamed financial services firm in New York.

In all, the victims of the cryptocurrency scam lost more than $100 million, according to the U.S.

North Korea’s hackers “have become the world’s leading bank robbers,” said John Demers, head of the Justice Department’s National Security Devision. “Simply put, the regime has become a criminal syndicate with a flag, which harnesses its state resources to steal hundreds of millions of dollars.”

The Indictment


The North Korean hackers were identified as Jon Chang Hyok, Kim Il and Park Jin Hyok. Other North Koreans allegedly involved in the conspiracy weren’t named. The indictment unsealed Wednesday expands on a criminal complaint charging Park in 2018 for his alleged involvement in a conspiracy to conduct multiple cyber-attacks, including the Sony hack.

In the face of global sanctions to punish it for its nuclear weapons program, North Korea has relied heavily on cybercrime to fill its depleted coffers. It had taken in about $2 billion in 2019 through the worldwide theft of resources from the financial sector, according to testimony to a U.S. House committee in June.

The alleged hacking campaign outlined on Wednesday was part of an elaborate operation aimed at collecting money for North Korea’s Reconnaissance General Bureau, a military intelligence agency.

Pyongyang uses the Reconnaissance General Bureau to run its cybercrimes, according to a United Nations Panel of Experts responsible for investigating North Korea’s sanctions evasion. The agency’s hacking units are known as Lazarus Group and APT38.

As the North Korean hackers targeted institutions around the globe, from Los Angeles to Malta to Taiwan, the victims were either forced to or unknowingly lured into paying to prop up the North Korean regime, Demers said.

“According to several Member States, as well as open-source reports, the Democratic People’s Republic of Korea continues to target virtual asset service providers (for example, cryptocurrency exchange houses) and financial institutions for the purpose of evading United Nations sanctions,” the UN Experts’ panel said in a report last year.

Canadian Accomplice


To help move their money, the North Koreans allegedly turned to a Canadian man, Ghaleb Alaumary, who’s accused of organizing teams to launder millions of dollars stolen from automated teller machines, the U.S. said. Their victims included Pakistan’s BankIslami and an Indian bank, according to prosecutors.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Cristiano Ronaldo Embraces Saudi Arabia’s 2034 World Cup Vision with Key Role
Saudi Arabia’s Execution Campaign Escalates as Crown Prince Readies U.S. Visit
Trump Unveils Middle East Reset: Syria Re-engaged, Saudi Ties Amplified
Saudi Arabia to Build Future Cities Designed with Tourists in Mind, Says Tourism Minister
Saudi Arabia Advances Regulated Stablecoin Plans with Global Crypto Exchange Support
Saudi Arabia Maintains Palestinian State Condition Ahead of Possible Israel Ties
Chinese Steel Exports Surge 41% to Saudi Arabia as Mills Pivot Amid Global Trade Curbs
Saudi Arabia’s Biban Forum 2025 Secures Over US$10 Billion in Deals Amid Global SME Drive
Saudi Arabia Sets Pre-Conditions for Israel Normalisation Ahead of Trump Visit
MrBeast’s ‘Beast Land’ Arrives in Riyadh as Part of Riyadh Season 2025
Cristiano Ronaldo Asserts Saudi Pro League Outperforms Ligue 1 Amid Scoring Feats
AI Researchers Claim Human-Level General Intelligence Is Already Here
Saudi Arabia Pauses Major Stretch of ‘The Line’ Megacity Amid Budget Re-Prioritisation
Saudi Arabia Launches Instant e-Visa Platform for Over 60 Countries
Dick Cheney, Former U.S. Vice President, Dies at 84
Saudi Crown Prince to Visit Trump at White House on November Eighteenth
Trump Predicts Saudi Arabia Will Normalise with Israel Ahead of 18 November Riyadh Visit
Entrepreneurial Momentum in Saudi Arabia Shines at Riyadh Forward 2025 Summit
Saudi Arabia to Host First-Ever International WrestleMania in 2027
Saudi Arabia to Host New ATP Masters Tournament from 2028
Trump Doubts Saudi Demand for Palestinian State Before Israel Normalisation
Viral ‘Sky Stadium’ for Saudi Arabia’s 2034 World Cup Debunked as AI-Generated
Deal Between Saudi Arabia and Israel ‘Virtually Impossible’ This Year, Kingdom Insider Says
Saudi Crown Prince to Visit Washington While Israel Recognition Remains Off-Table
Saudi Arabia Leverages Ultra-Low Power Costs to Drive AI Infrastructure Ambitions
Saudi Arabia Poised to Channel Billions into Syria’s Reconstruction as U.S. Sanctions Linger
Smotrich’s ‘Camels’ Remark Tests Saudi–Israel Normalisation Efforts
Saudi Arabia and Qatar Gain Structural Edge in Asian World Cup Qualification
Israeli Energy Minister Delays $35 Billion Gas Export Agreement with Egypt
Fincantieri and Saudi Arabia Agree to Build Advanced Maritime Ecosystem in Kingdom
Saudi Arabia’s HUMAIN Accelerates AI Ambitions Through Major Partnerships and Infrastructure Push
IOC and Saudi Arabia End Ambitious 12-Year Esports Games Partnership
CSL Seqirus Signs Saudi Arabia Pact to Provide Cell-Based Flu Vaccines and Build Local Production
Qualcomm and Saudi Arabia’s HUMAIN Team Up to Deploy 200 MW AI Infrastructure
Saudi Arabia’s Economy Expands Five Percent in Third Quarter Amid Oil Output Surge
China’s Vice President Han Zheng Meets Saudi Crown Prince as Trade Concerns Loom
US and Qatar Warn EU of Trade and Energy Risks from Tough Climate Regulation
AI and Cybersecurity at Forefront as GITEX Global 2025 Kicks Off in Dubai
EU Deploys New Biometric Entry/Exit System: What Non-EU Travelers Must Know
Ex-Microsoft Engineer Confirms Famous Windows XP Key Was Leaked Corporate License, Not a Hack
Israel and Hamas Agree to First Phase of Trump-Brokered Gaza Truce, Hostages to Be Freed
Syria Holds First Elections Since Fall of Assad
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
Nvidia and Abu Dhabi’s TII Launch First AI-&-Robotics Lab in the Middle East
UK, Canada, and Australia Officially Recognise Palestine in Historic Shift
Dubai Property Boom Shows Strain as Flippers Get Buyer’s Remorse
JWST Data Brings TRAPPIST-1e Closer to Earth-Like Habitability
×