Category Archives: latin america

A string of devastating bank hacks across Latin America all carry North Korean fingerprints, according to three people with knowledge of the matter. Several high profile incidents that were only recently disclosed, including breaches at Mexico’s Bancomext and Chile’s Bank of Chile, saw the attacker drop destructive malware after attempting to leverage the SWIFT payment system to siphon money through fraudulent transfer requests. North Korea was involved in both breaches, the sources said, adding that they were tied to others that haven’t yet been disclosed. Two sources reviewed inside information about the breach investigations, which are still ongoing. Confidential technical reports about the incidents are already being shared within private information sharing groups comprised of other financial institutions. Historically, the only nation state-linked hacking group that’s been known to manipulate SWIFT is believed to be associated with the North Korean regime. It’s not yet clear how hackers breached the banks, although email phishing and password […]

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