How North Korean hackers became the world’s greatest bank robbers

The Reconnaissance General Bureau, North Korea’s equivalent to the CIA, has trained up the world’s greatest bank-robbing crews. In just the past few years, RGB hackers have struck more than 100 banks and cryptocurrency exchanges around the world, pilfering more than $650 million. That we know of. <img alt="" src="https://miro.medium.com/v2/resize:fit:1600/1*gFr9b0W5q39XxOJYxngfuA.jpeg" style="height:900px; width:1600px" /> Students at Mangyongdae Revolutionary School, a prestigious academy in Pyongyang. North Korea’s elite hackers are often deployed to countries with faster internet speeds to target banks around the world. In the US, they’ve gone after Wells Fargo, Citibank and the New York Federal Reserve. (Credit: KCNA) Itwas among the greatest heists against a United States bank in history and the thieves never even set foot on American soil. Nor did they target some ordinary bank. They struck an account managed by the Federal Reserve Bank of New York, an institution renowned for its security. In vaults 80 feet below the streets of Manhattan, the bank holds the world’s largest repository of gold. Many of these gold bars belong to foreign governments, which feel safer storing their gold inside well-defended bunkers in America than at home. By the same token, overseas governments also store cash with the Fed. But this is cash in the 21st-century sense: all ones and zeroes, not smudgy bills. The bank holds vast foreign wealth on humming servers wired up to the internet. <a href="https://gpinvestigations.pri.org/how-north-korean-hackers-became-the-worlds-greatest-bank-robbers-492a323732a6">Visit Now</a>