North Korea likely behind Taiwan SWIFT cyber heist, BAE claims

CERT-LatestNews ThreatsStrategic

Cyber-security firm BAE Systems Plc said on Monday it believes the North Korean Lazarus hacking group is likely responsible for a recent cyber heist in Taiwan, the latest in a string of hacks targeting the global SWIFT messaging system.

“The likely culprit is Lazarus,” BAE cyber-intelligence chief Adrian Nish told Reuters by telephone.

The British firm has previously linked Lazarus to last year’s $81 million cyber heist at Bangladesh’s central bank, as have other cyber firms including Russia’s Kaspersky Lab and California-based Symantec Corp.

BAE’s claim that Lazarus is likely responsible for the hack on Taiwan’s Far Eastern International Bank demonstrates that North Korea continues to seek to generate cash through hacking.

Tagged