April 4, 2017 IBOMLLC Team

Chasing Lazarus: A Hunt for the Infamous Hackers to Prevent Large Bank Robberies

Chasing Lazarus

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

According to Kaspersky Lab records, from December 2015, malware samples relating to Lazarus group activity appeared in financial institutions, casinos software developers for investment companies and crypto-currency businesses

Kaspersky Lab has published the results of its more-than-year-long investigation into the activity of Lazarus – a notorious hacking group allegedly responsible for the theft of 81 million dollars from the Central Bank of Bangladesh in 2016.

During the forensic analysis of artefacts left by the group in South-East Asian and European banks, Kaspersky Lab has reached a deep understanding of what malicious tools the group uses and how it operates while attacking financial institutions, casinos, software developers for investment companies and crypto-currency businesses around the world. This knowledge has helped to interrupt at least two other operations which had one goal – to steal a large amount of money from financial institutions.

In February 2016, a group of hackers (unidentified at that time) attempted to steal $851 million USD, and managed to transfer 81 million USD from the Central Bank of Bangladesh. This is considered to be one of the largest, most successful cyber heists ever.

Further investigation …read more

Read more here:: Chasing Lazarus: A Hunt for the Infamous Hackers to Prevent Large Bank Robberies

      

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