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> is no different than if a bank CEO had his machine hacked and a wire initiated on his behalf Those are not equivalent because the traditional banking sector
by unyttigfjelltol 2y ago
> is no different than if a bank CEO had his machine hacked and a wire initiated on his behalf
Those are not equivalent because the traditional banking sector is less vulnerable to North Korea. In theory a bank could be drained of $1b via a misdirected wire, but in practice that kind of plan is hampered by real-world controls and limitations applicable to international banking.[1] North Korean hackers instead focus on what works, which is crypto.
[1] https://pacforum.org/publications/yl-blog-89-crypto-north-korea-blurring-the-line-between-a-traditional-and-non-traditional-security-threat/ https://pacforum.org/publications/yl-blog-89-crypto-north-ko...