North Korea Denies Involvement in Ransomware Attack

North Korea Denies Involvement in Ransomware Attack

North Korea denied allegations of the involvement of Pyongyang in a global ransomware attack on October 29, 2017. Ransomware attack hit up to 300,000 computers in around 200 countries, which had taken over the control of the systems and claimed payment in Bitcoin to return control to the users. North Korea deputy UN ambassador, Kim In Ryong, during the press conference called the allegations ridiculous and unfounded.

Ben Wallace, British Home Minister, blamed Pyongyang for the global ransomware attack on October 27, 2017, which also hit the National Health Service (NHS) in U.K., said that “We can be as sure as possible. I obviously can’t go into the detail of intelligence, but it is widely believed in the community and across a number of countries that North Korea had taken this role.”

Kaspersky Labs, Symantec, and BAE Systems are the security firms blamed the North Korean government indirectly, and based their allegations that a group of hackers, the Lazarus Group, created the wannacry as they had to have similar access of source code earlier. The Lazarus group was found to have linked with many high-profile cyber-attacks, including US$ 80 million from Bangladesh’s central bank attack and 2014’s Sony Pictures hack. Moreover, Symantec agree the malware used in the attack is linked to Lazarus.

An official of North’s Korea-Europe Association denied the accusation and warned the U.K. for “groundless speculation.” He further added, “The moves of the UK government to doggedly associate the DPRK (Democratic People’s Republic of Korea, official name of North Korea) with the cyber-attack cannot be interpreted in any other way than a wicked attempt to lure the international community into harboring greater mistrust of the DPRK.”

According to experts, North Korea have stepped up many cyber-attacks in order to earn foreign currency, due to higher U.N. sanctions levied over its nuclear and missile programs.

You may be interested

Business

Global Metallic Couplings Market by Type, Deployment, Industry, Approach, and Geography- Forecast to 2026

Albert R - December 14, 2018

According to the new market research report on "Global Metallic Couplings Market Report 2018 - 2026” covers there Product Type, Region Coverage, Application or End-user, Industry Insights…

Business

Essential Insights to Know About the Global Mining Lubricant Market Report 2018

Albert R - December 14, 2018

According to the new market research report on "Global Mining Lubricant Market Report 2018 - 2026” covers there Product Type, Region Coverage, Application or End-user, Industry Insights…

Business

Global Metformin Hydrochloride Market – Statistics, Facts and Forecast to 2026

Albert R - December 14, 2018

According to the new market research report on "Global Metformin Hydrochloride Market Report 2018 - 2026” covers there Product Type, Region Coverage, Application or End-user, Industry Insights…

Most from this category