North Korean-backed bank hacking on the rise, US officials say

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North Korean-backed bank hacking on the rise, US officials say
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The North Korean government's desperation for cash is driving a surge in cyberattacks targeting banks and other businesses in the US and around the world, US officials tell CNN

The collapse of the US-North Korea summit in Hanoi, Vietnam, in part because of North Korean demands to remove sanctions, is the latest indicator of how the US-led restrictions are squeezing the North Korean economy and may lead to more attacks, US officials say.

That's a good way to get it, and then if you're going to choose among the banks you're not going to start with the largest, most sophisticated bank with the most sophisticated cyber defenses, you're going to look around and see maybe who you think might be more vulnerable."The North Koreans have denied their connection to the 2014 Sony hack.

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