Apt38 Hackers Steals Over $1.1 Billion from Banks in Its New Attack

A new security report reveals that the APT38 hackers have started a new worldwide attack against financial institutions, as a result of this millions of dollars have been hijacked from financial institutions. It is estimated that the criminal collective has stolen over one billion dollars in their last campaigns.

Apt38 Hackers Latest Attack Campaign Now Marks Hits $1.1 Billion Stolen from Targets

The criminal collective known as the APT38 hackers have once again launched a global attack against financial institutions. The most worrying fact is that after it was started the experts estimate that they were able to steal at least a hundred million dollars. So far the generated income from the malicious operators total over $1.1 billion according to the released reports.

The criminals are speculated to be from North Korea however this is not certain. Several different hacking collectives appear to be directed from the country. The performed analysis shows that the performed campaigns are similar to the other groups from Korea. Ever since the first campaigns that started in 2014 the hackers were found to target primarily financial organizations from countries worldwide: Russia, Vietnam, Philippines, Malaysia, Bangladesh, Poland, Turkey, Brazil, Uruguay, Chile, Mexico and the United States of America.

One of the distinct characteristics of the attacks is that the APT38 hackers are almost every time cyber heists in nature. They aim not to sabotage the targets but rather to carry out complex espionage. They hacking tools and manners that they depend on is a sophisticated plan of action and a very deep network penetration.

During the research on their planning and operations the analysts discovered that members of the collective have are active on the underground hacking forums. One of the posts that (Read more...)

*** This is a Security Bloggers Network syndicated blog from How to, Technology and PC Security Forum | SensorsTechForum.com authored by Martin Beltov. Read the original post at: https://sensorstechforum.com/apt38-hackers-steals-1-1-billion-banks-new-attack/