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Thieves Suck Millions Out Of Mexican Banks In Transfer Heist

“Thieves siphoned hundreds of millions of pesos out of Mexican banks, including No. 2 Banorte, by creating phantom orders that wired funds to fake accounts and promptly withdrew the money, two sources close to the government’s investigation said. Hackers sent hundreds of false orders to move amounts ranging from tens of thousands to hundreds of […]

Risk & Fraud

US charges North Korean over Bangladesh Bank hack

“In a criminal complaint unsealed on Thursday, Park Jin Hyok was charged with involvement in the North Korean government-sponsored hacking team known as ‘Lazarus Group’ linked to the 2017 WannaCry 2.0 global ransomware attack, the 2016 Bangladesh Bank theft, and the 2014 hit on Sony Pictures Entertainment, among others.”