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With the US-led sanctions damaging its economy, the North Korean government is using cyberattacks on banks to raise cash, according to US officials, the CNN reported.

A summit between US President Donald Trump and North Korean leader Kim Jong-un ended on Thursday with no agreement after Washington refused Pyongyang’s demands for economic sanctions relief.


It is believed that the North Koreans are turning to cybercrime to steal money due to the increasing effectiveness of sanctions.

In just a few years, the North Korean intelligence services have grown capable of stealing large sums through sophisticated methods, Anthony Ferrante, a former Federal Bureau of Investigation (FBI) and White House cybersecurity official, was quoted as saying on Friday.

Unlike hackers from other countries like Russia, Iran or China who focus more on gathering intelligence, the North Korean hackers focus on acquiring cash, added John Demers, Assistant Attorney General for National Security at the US Department of Justice.


A man holds a laptop computer as cyber code is projected on him in this illustration picture. VOA

“The North Koreans have quickly become the world’s most advanced and persistent digital bank robbers,” said Ferrante, now Head of Cybersecurity at FTI Consulting, a business advisory firm.

In 2018, the US Justice Department charged a North Korean computer programmer in several cases of cybercrimes over the last four years, including the $81 million Bangladesh Bank heist in 2016, the Sony Pictures hack in 2014 and WannaCry ransomware attack in 2017 that infected thousands of computers in hospitals, universities and banks in several countries around the world.

The Department of Justice said that a person named Jin Hyok Park was responsible for the attacks and Park was believed to be a member of North Korea’s military intelligence outfit the Reconnaissance General Bureau as well as a suspected member of Lazarus, a hacking group which has been linked to a string of attacks against everything from banks to government agencies across the world.

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However, if North Korea is to be believed the hacker is nothing more than a figment of the US law enforcement’s imagination.

According to a 2018 report from cybersecurity vendor Group-IB, Lazarus was behind 14 hacking attacks on cryptocurrency exchanges since January 2017 — stealing $571 million. (IANS)


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Photo by GOI.

New Education Policy 2020

On the first day of the two-day meeting of BJP and Rashtriya Swayamsevak Sangh (RSS) leaders on Tuesday, discussions were held on important issues related to education and the National Education Policy-2020.

Apart from senior RSS leader Suresh Soni, representatives of various organisations associated with the Sangh Parivar -- working in the field of education -- were present in the meeting in New Delhi.

According to sources, Union Education Minister Dharmendra Pradhan, who attended the meeting on behalf of the government, shared information related to the National Education Policy-2020 and the government's policy on important issues related to the education sector. Pradhan also shared details of the efforts being made by the government in the field of education.

Discussions were also held regarding the impact of the situation arising out of Corona and how much it has affected the education sector.

In the meeting, the RSS leaders asked several questions and provided suggestions to the Union Minister regarding the education policy of the government.

According to the sources, RSS wants the policy to be implemented expeditiously. All aspects related to the policy were discussed in Tuesday's meeting.

On the second and the last day of the meeting on Wednesday, special issues related to education will be discussed in which representatives of various organisations of the Sangh, Union Ministers and several BJP leaders will be take part.

Meanwhile, in order to convey its point of view to the government on various issues, the Sangh keeps on calling such coordination meetings related to specific issues, in which RSS representatives -- working in that particular area -- provide feedback to the government. (IANS/JB)

Keywords: BJP, RSS, New Education Policy, Education, India


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