Name: North Korea hacking threatens U.S. and global financial system: U.S. officials
Brand: reuters.com
SKU: reuters-com-628
Availability: OnlineOnly

critic

North Korea hacking threatens U.S. and global financial system: U.S. officials

preview

By WASHINGTON (Reuters) - U.S. government officials warned on Wednesday about the threat of North Korean hackers, calling particular attention to banking and other financial services.The reason for the advisory, which was jointly issued by the U.S. Departments of State, Treasury and Homeland Security, and the Federal Bureau of Investigation, was unclear. North Korean hackers have long been accused of targeting financial institutions, and the content of the warning appeared to draw on material already in the public domain.The State Department said in an email that the advisory “collates government resources in one place” and provided recommended steps “to counter the North Korean cyber threat.”The North Korean mission to the United Nations in New York did not immediately respond to a request for comment.North Korea is alleged to be behind an ambitious, years-long campaign of digital theft, including siphoning tens of millions of dollars in cash from ATMs, carrying out gigantic thefts at major banks, extorting computer users worldwide, and hijacking digital currency exchanges. The global money-grab has been a topic of increasing international concern.Last year, for example, a U.N. report said North Korea had generated an estimated $2 billion for its weapons of mass destruction programs using “widespread and increasingly sophisticated” hacking efforts.In Wednesday’s advisory, U.S. officials said North Korea’s online activities “threaten the United States and countries around the world and, in particular, pose a significant threat to the integrity and stability of the international financial system.”Reporting by Lisa Lambert, Tim Ahmann and Raphael Satter in Washington; Additional reporting by Michelle Nichols in New York; Editing by Steve Orlofsky and Leslie AdlerOur Standards:

By WASHINGTON (Reuters) - U.S. government officials warned on Wednesday about the threat of North Korean hackers, calling particular attention to banking and other financial services.The reason for the advisory, which was jointly issued by the U.S. Departments of State, Treasury and Homeland Security, and the Federal Bureau of Investigation, was unclear. North Korean hackers have long been accused of targeting financial institutions, and the content of the warning appeared to draw on material already in the public domain.The State Department said in an email that the advisory “collates...

public

Reuters Editorial

Raphael Satter

Top and breaking news, pictures and videos from Reuters. For more breaking business news, follow @ReutersBiz.

reuters.com

Credible

Speculation

Anecdotal Evidence

Generalization

Stacking the Deck

Appeal to Authority

Straw Man

Slippery Slope

Emotional Appeal

Red Herring

False Dilemma

Illogical

Moral Equivalency

Ad Hominem

Correlation w/o Causation

Semantics

Begging the Question

Faulty Analogy

Non Sequitur

Bandwagon

Dogmatism

Failing Occam's Razor

Biased

Pure Opinion

Hit Piece

Racial Bias

National Bias

Religious Bias

Financial Incentive

Political Agenda

Gender Bias

Misused Image/Video

Study Misinterpreted

Mistake

Misused Term

Science Misrepresented

Factual Error

Satire

Surface Level

Lack of Reliable Sources

Sensational

Not Credible

Investigative

Balanced

Well Sourced

Great Context

sports

entertainment

U.S.

international

business

technology

science

culture

politics

media

health

North Korea hacking threatens U.S. and global financial system: U.S. officials

No article scores yet.

CRITIC REVIEWS

PUBLIC REVIEWS