Mar 24 2017
Federal prosecutors are reportedly mounting a case that could implicate North Korea in the massive bank heist previous year in which hackers stole $81 million from Bangladesh Bank's account at the Federal Reserve Bank of NY.
To carry out the theft, the attackers, used the global payment messaging system, Swift, to persuade the Federal Reserve Bank of NY transfer funds from the Bangladesh bank to accounts in the Philippines.
The branch of the US central bank rejected most of the requests but filled some of them, resulting in $81 million disappearing into casinos and other entities in the Philippines.
The Philippines returned $15 million of the stolen funds after a court declared Bangladesh was the rightful owner of the money in November 2016.
Thus, the USA government appears to have evidence - and likely, classified intelligence - that ties the Democratic People's Republic of Korea to the Bangladesh Bank heist.
After the theft, The Foreign Policy said, security firms quickly pointed the finger at North Korea.
"If that linkage is true, that means a nation-state is robbing banks".
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Security officials have expressed concern that the heist could represent a new level of strength in cyberwarfare.
Researchers at the security firm Symantec previously had linked the theft to a series of cyber-attacks on the United States financial system and the 2014 hacking of Sony Pictures.
NORTH Korea's despotic leader and his cronies are being investigated by the Federal Bureau of Investigation over claims they were involved in a $1 BILLION bank scam. "That is a big deal; it's different", he said on Tuesday during a panel discussion at the Aspen Institute.
"The whole security community has said that the attack tools and techniques used in Sony are the same ones used in Bangladesh", said Eric Chien, an engineer with security vendor Symantec Corp.
The high-level probe follows revelations more than £75m has gone missing from the Bangladesh Bank's own bank account.
A spokesman for the European Commission told Reuters that despite increasing pressure on North Korea over the country's nuclear program and missile tests, the move to block the nation's banks "is a commercial matter for SWIFT", adding that European officials "do not interfere in the business decisions of any such company".
Mar 24 2017
Supreme Court Bolsters Rights of Learning-Disabled Students
Gorsuch has ruled on a range of special education cases throughout his career, attracting scrutiny from NY lawyer Gary S. Under that standard, a school need only show that it was providing a minimal special program with some level of benefit.
Mar 23 2017
Federal judge says Austin ICE raids in response to sanctuary city policy
"Yesterday, pursuant to the President's executive order on interior enforcement that he signed on January 25th, the U.S. However, that ruling in the class-action lawsuit Jimenez Moreno et al v.
Mar 22 2017
Users Can't Sign In, Play Games
An outage on Tuesday is keeping users of several Microsoft online services from logging into their accounts. Xbox Support is aware of the outage and say that they are "aware of the issue and are now looking into it".
Mar 22 2017
Global climate breaks multiple records in 2016: WMO
Last year, globally averaged sea surface temperatures were the warmest on record, following a record set the previous year. We are now in truly uncharted territory, said World Climate Research Programme Director David Carlson.
Mar 20 2017
Federer, Wawrinka set up showdown in Indian Wells final
But Wawrinka's mental toughness can never be underestimated, as both Djokovic and Nadal have found out in grand slam finals. The ninth seed did not face a break point in his 6-1 7-6 (7-4) victory on the hardcourt at Indian Wells .
Mar 20 2017
What is the GOP message on health care?
Heller's spokesman Mac Abrams said Friday that the senator said he can't support the bill as the House GOP has crafted it. This is compared to the 28 million that would not have coverage if Obamacare stayed in place.
Mar 20 2017
Kevin Kisner beats Arnold Palmer big names at their own game
The bogey bug struck again on the fifth, however, before things took a significant turn for the worse on the fateful sixth hole. Rickie Fowler also shot seven-under to get to five-under for the tournament, the same number that Justin Rose sits at as well.
Mar 19 2017
Chelsea leave it late to defeat Stoke City
After earning another three points late at Stoke, Craig Burley lauds Chelsea's ability to win matches in all ways. Chelsea took the lead after just 13 minutes when Willian, in for the injured Eden Hazard, struck.
Mar 18 2017
McDonalds tweet slams Trump
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Mar 18 2017
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With the streamlined review system, the company hopes it can pair you with content you want to watch more quickly and easily. Along with the new method, Netflix will give suggestions on what else to watch based on what you have liked in the past.
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