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News / Nation & World

North Koreans implicated in 2016 bank heist

NSA official says hacks on Bangladeshi bank, Sony Pictures linked

By Elias Groll, Foreign Policy
Published: March 22, 2017, 9:57pm

A senior National Security Agency official appeared to confirm that North Korean computer hackers were behind a multi-million dollar heist targeting Bangladesh’s central bank last year.

Computer hackers attempted to steal $951 million, but only got away with $81 million, some of which was later recovered. After the theft, security firms quickly pointed the finger at North Korea. Other experts disputed that finding. But on Tuesday, NSA Deputy Director Rick Ledgett appeared to say North Korea was the culprit during a cryptic exchange at a Washington forum.

Speaking at an Aspen Institute roundtable, Ledgett pointed out that private sector researchers had linked the digital break-in in Bangladesh to the 2014 hack on Sony Pictures, which the U.S. government attributed to Pyongyang.

“If that linkage from the Sony actors to the Bangladeshi bank actors is accurate — that means that a nation state is robbing banks,” Ledgett said. “That’s a big deal.”

The moderator of the event, former Assistant Attorney General for National Security John Carlin, quickly followed up: “Do you believe that there are nation states now robbing banks?”

Ledgett offered a simple answer: “I do.”

Ledgett’s remarks studiously avoided any reference to what evidence the agency has collected on the Bangladeshi heist.

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