back to article Uncle Sam accuses three suspected North Korean govt hackers of stealing $1.3bn+ from banks, crypto orgs

Three suspected North Korean military intelligence hackers have been charged with, among other things, conspiring to loot more than $1.3bn (£938m) from banks, ATMs, and cryptocurrency companies, according to an indictment unsealed by the US Department of Justice on Wednesday. “North Korea’s operatives, using keyboards rather …

  1. Martin Gregorie Silver badge

    They men also, it is claimed, siphoned $6.1m (£4.4m) from ATMs in Pakistan

    How can hackers in North Korea manage to extract large amounts of cash from ATMs in Pakistan without help from a gang of locals to do the leg work and pick up the bills as they are spat out?

    Assuming Pakistani ATMs are similar to others on the subcontinent, they'll be good for accepting and dispensing cash, and maybe showing your bank balance, but that's all they can do.

    Other stuff, like SWIFT gateway hacks, can can obviously be done remotely, but ATMs? C'mon.

    1. diodesign (Written by Reg staff) Silver badge

      Re: They men also, it is claimed, siphoned $6.1m (£4.4m) from ATMs in Pakistan

      From the indictment:

      "On October 27, 2018, having gained unauthorized access to the computer network of [Pakistan's] BankIslami, the hackers caused fraudulent ATM withdrawal requests to be approved, which caused requesting ATMs to dispense approximately $6.1 million to money-launderer co-conspirators, including co-conspirators acting at the direction of unindicted co-conspirator Ghaleb Alaumary."

      Uncle Sam says they had money launderers in Pakistan waiting to pick up the cash.

      C.

      1. Chris G Silver badge

        Re: They men also, it is claimed, siphoned $6.1m (£4.4m) from ATMs in Pakistan

        There were either a lot of Pakistani money launderers running around collecting ATM bonuses or a few who were REALLY busy. I don't know what kind of max payout you can get from an ATM in Pakistan but if it was a grand a time, that was 6000 payouts.

        This sounds more like a 'clearing the books' exercise just like the cops getting a gullible perp who has been arrested to cop to every unsolved crime on the books as 'Taken Into Consideration', because it will go easier for him if he admits to it now instead of later when they stitch him up.

      2. Martin Gregorie Silver badge

        Re: They men also, it is claimed, siphoned $6.1m (£4.4m) from ATMs in Pakistan

        Why didn't the article just say that the NORKs hired money mules in Pakistan? Leaving that out obscures an important detail of an otherwise straight-forward heist.

  2. AnAnonymousCanuck

    Really?

    A total of $1.9m (£1.4m) worth of various allegedly stolen cryptocurrencies were seized by the FBI and the US Attorney’s Office, and will be returned to two companies in New York.

    I wonder how they did that?

    AAC

    1. Claptrap314 Silver badge
      Boffin

      Re: Really?

      By obtaining the keyfile somehow ...

    2. NonSSL-Login
      Black Helicopters

      Re: Really?

      The North Koreans must have found the NSA's implants so the US can afford to go public with the accusations and the fact they got the keys to the crypto wallets, via another agency of course.

      Amazing how companies get the crypto returned but not individuals.

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