Financial Crime World

North Korea’s Cyber Threats: Summary of Key Points

Summary

The U.S. Department of State and other government agencies have issued a comprehensive document outlining the threat posed by North Korea’s (DPRK) malicious cyber activities, including hacking, malware, and financial crimes. This summary highlights key points from the document.

Key Points


DPRK Cyber Threats


  • Hacking into financial institutions
  • Conducting espionage against the US and its allies
  • Enabling malicious cyber activities

Sanctions


The U.S. government has imposed sanctions on DPKR for its malicious cyber activities, including:

  • Blocking assets
  • Imposing travel restrictions
  • Prohibiting trade with specific entities

Cybersecurity Measures


  • The FBI and Cyber Command release malware information to help industries defend against DPRK’s threats.
  • The Financial Crimes Enforcement Network (FinCEN) issues advisories on suspicious activity related to cybercrime and digital currency.
  • The Federal Financial Institutions Examination Council (FFIEC) developed guidelines for financial institutions to detect and prevent cyber threats.

Resources


The document provides several resources, including:

  • FBI Cyber Division: A division dedicated to investigating and preventing cybercrimes.
  • U.S. Cyber Command Malware Information Release: Periodic releases of malware information to help industries defend against DPRK’s threats.
  • Office of Foreign Assets Control (OFAC) Sanctions Information and Illicit Finance Advisories: A resource center providing information on DPRK sanctions, including FAQs.

Please let me know if you have any specific questions or need further clarification on this matter.