On Friday The United States bank embargos on three North Korean hacking groups it claimed were part of the “WannaCry” bribery attacks and hacking of global banks and customer accounts.
It labeled the groups as Lazarus Group, Bluenoroff, and Andariel and said they were monitored by North Korea’s primary intelligence bureau, RGB which is already liable to the United States and United Nations embargo.
The action holds up any United States related assets of the groups and restricts business with them. The bank statement stated that any external financial institution that intentionally helped particular undertakings or services for them would also have to face the sanctions.
Bank undersecretary for Terrorism and Financial Intelligence Sigal Mandelker stated bank is working against North Korean hacking groups that have been responsible for the cyber-attacks to defend forbidden weapons and missile programs
He further added, we will go on to accomplish the current United States and United Nations sanctions against North Korea and will advance with the global society for the betterment of the cybersecurity of financial networks.
The United States has been making efforts to continue talks with North Korea, planned at forcing the country to refund its nuclear weapons. The negotiations have been postponed over North Korean demands for adjustments, including embargo relaxation.
At the start of this month, North Korea disagreed with the United Nations` accusation that it had acquired $2 billion through cyber-attacks on treasuries and cryptocurrency exchanges and blamed the United States for spreading false news.
The United State bank statement said Lazarus Group was a part of the WannaCry ransomed attack that the United States, Australia, Canada, New Zealand, and the United Kingdom openly blamed North Korea.
It mentioned WannaCry damaged at least 150 countries and closed down approximately 300,000 computers.